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Technology Stocks : Intel Corporation (INTC)
INTC 34.72-2.3%Nov 17 3:59 PM EST

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To: Amy J who wrote (95262)1/6/2000 8:51:00 PM
From: Elmer  Read Replies (1) of 186894
 
Re: "Hi Paul & Elmer,
You're both excellent bottom-fish buyers. What's your opinion? For people who don't own INTC, MSFT, CSCO, this might become an opportunity to pick some up, however, for those who already own the Gorillas, I think it would take a lower price before it's attractive to buy even more: "

With such flattery how can I help but respond?

I think Intel is moving into a good buying range and I write puts on Intel religiously. Shocking as it may sound, I think AMD may be a buy again in the high $20s, if you don't hold it for too long. I am looking around myself for some good gorilla deals but I just can't bring myself to pay CSCO's PE ratio. I've never owned MSFT, maybe I should pick up some of that?

EP
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