Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 45.07

-17.0%

3:59 PM EST

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To: Ayman Abukhater who wrote (2098)	7/10/1996 1:21:00 PM
From: Terje Oseberg	of 186894

If the earnings report hasn't been released yet, why is the stock going down. Has there been any bad news? Or is it just INTC following the rest of the market? Is it the funds getting out of Tech? Any opinions?? INTC has been going down for the last week. Will they turn around? I know you guys will hate me for this, but I am thinking of shorting the stock or buying Puts. My thinking is that I have too many long positions in Tech, and INTC is the only stock that hasn't been hit by the Tech selloff, and if the Tech market is as bad as it looks, it should have been. All PC related prices have gone down way too much. Pentium Pro is not selling in the volumes that the Pentium was when the 486 was dumped by Intel, and Intel has started to dump the Pentiums already. How many people have Pentium Pro's at home? I am looking for intelligent forward looking, and short term statements. Intel is a strong company, and no matter how hard things get, they will prevail for a long time, but what about the next 6 months, or year? Terje

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