Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.59

+4.9%

Feb 6 9:30 AM EST

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To: Barry A. Watzman who wrote (21914)	5/14/1997 2:49:00 PM
From: JT	of 186894

To everyone who has been watching the market for many more years than myself: As we draw near the end of the day INTC is of 0.81% and DEC of 1.4% It seems that INTC is holding its own even after the annoncement of the second lawsuit. The market reacts quickly to press releases and rumours. Has the bulk of the action occured. It will take weeks,months,years for the facts to be sorted out. The next news will be a statement from INTC(deny patent infringment, countersuit, whatever). I am thinking this will be positive. INTC shareprice will probably languish for a while and then people will start forgetting about the suit and hearing about strong PII sales. Stock will split in JULY and it will go up. It seems that a 10% dip on all this bad news was just an excuse to take profits. In March INTC went down to 126 without all this bad news. Are my statements plausible or am I just trying to cheer myself up? Any comments would be appreciatted. Thanks in advance. JT

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