Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.78

+2.7%

Nov 26 3:59 PM EST

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To: kapkan4u who wrote (109248)	9/4/2000 12:42:37 AM
From: Joe NYC	Read Replies (1) of 186894

Kap, I sold all my Intel stock accumulated over a 12 year period in May 1999 and bought AMD. Few days ago I sold INTC short at $75 7/16. I guess you put your money where your mouth is. I bought AMD a little later, January 2000, but I have to say that I am a lot more confident that AMD will go up from here than that INTC will go down. Despite all of the problems, Intel is still going to have 2 good quarters, and I would not rule out $100 before the end of the year. The indications are that the demand is good and Q4 will be even better, and Intel still has the capacity to meet most of this demand. The reports are that Intel cut Celeron production drastically and has been selling the chips as higher priced Pentium, which should help offset the declines of ASPs of Intel's high end chips (800, 866 and 933 MHz). Joe

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