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Technology Stocks : Intel Corporation (INTC)
INTC 36.66+1.3%Dec 29 3:59 PM EST

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To: t2 who wrote (89255)10/2/1999 11:55:00 AM
From: The Duke of URL©  Read Replies (1) of 186894
 
Barrons did a huge story on Intel (by huge, I mean it covered about 35 pages with the cover) about middle of 1997 (any body remember it?) If memory serves, INTC at the time was about 77 split unadjusted and Barrons predicted the stock to go to 105! split unadjusted. I THINK intc has split once (?) since the article. Most of the old article looked to Merced and I think the article assumed that Merced would be out by 1999. The market paid no attention to Barrons price/ value. The stock price remained sort of unmoved for about 4 months after the article.

Anyone have a clearer remembrance? It would be interesting to compare. Barrons seems a lot like Niles, they get the facts right but the conclusions wrong.

Duke

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