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Technology Stocks : Intel Corporation (INTC)
INTC 48.26-0.7%Feb 5 3:59 PM EST

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To: Sonny McWilliams who wrote (22572)5/21/1997 11:03:00 PM
From: Kevin   of 186894
 
Sonny,

I tried to short 4 million shares but the house said my markers were all used up<gg>.

I saw the interview with Michael Murphy too. It did not give me a good feeling kmowing the Chinese are going to be producing their own chips. We all know they love to rip the U.S. off!! the only saving grace is they will not be on-line for several years. At least we can look forward to a play in the equipment suppliers.

I didn't think Intel would get through on the first try. If it doesn't get through soon we may be in trouble. Everytime it got to $165 the shorts would start doing their selling. At least we know all the nervous-nellies are gone.

The market as a whole met with selling pressure everytime we started to get a rally going. Not a fun day.

Any news from the shareholder meeting?

km
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