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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: Yaacov who wrote (110847)9/22/2000 3:03:01 PM
From: Jacob Snyder  Read Replies (2) of 186894
 
Can someone make a coherent Value case for buying INTC at these prices? The Growth rationale (or the MomentumGuessers gamble) isn't going to work, for at least a couple of quarters, so this stock isn't going to find a bottom until the bottom-fishers start buying.

Disclosure: I bought INTC LEAPs in 6/98, sold them in 1/00, and currently have no position. Looking for a buy-back price, possibly for 2003 LEAPs.
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