Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.32

-0.8%

Jan 15 3:59 PM EST

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To: Larry Loeb who wrote (1738)	6/7/1996 1:34:00 AM
From: Paul Engel	of 186894

Larry - I don't think I'm dangerous, but I have been accused of being somewhat self-destructive. But, I have lived to tell about it! Whittington's estimates on Micron really bugged me. He came out with a $10/share estimate [late summer or early fall, 1995] and was real upbeat about their prospects. Then, within days (maybe one or two weeks at the most) he started changing it, downwards as you mentioned. As I see it now, Micron will be reporting losses very shortly. I hope not, but I think so. DRAMS look like a disaster if you make or sell them or own stock in these companies .They probably look great if you buy them. I would say it is 1985 all over again, and maybe worse. Paul

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