Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 40.78

+0.7%

3:59 PM EST

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To: Barry Grossman who wrote (25251)	6/27/1997 7:33:00 AM
From: Kealoha	of 186894

bARRY, iBEXX: As much as I love INTC, I see a major downside on the Q2 annoucement and suggest buying some puts to cash in/protect on the (temporary) fall. Negative news will build until Q4 creating buying opportunites if you what to go long or average down. Too many people hate this stock at this time. The trend is your friend and the trend is into the 125-130 range in july/august. 1998 is the year of the INTC$$$$$$$ in the hype build up to Merced. Also, until early 98 people will wait for more PIIs to hit the market and totally stop buying PMMXs. A VERY rough transition this go. In the end AMD is DOA and INTC rules but the time until then is b-a-d. my 2bits....aloha

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