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Technology Stocks : Intel Corporation (INTC)
INTC 35.75+3.6%Nov 24 3:59 PM EST

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To: Outer-limits who wrote (167302)7/2/2002 11:27:06 AM
From: Jim McMannis  Read Replies (1) of 186894
 
RE:"Purchased my first position in INTC since last year when I bought at 22 and sold at 28 and change. I can't believe the price I got today (17.13)!!! Sure, sure, I know INTC's PE is still pretty damn high,

Congratulations!

RE:"but how much lower can it really go?? 15 bucks, 10 or 12, who cares, money will flow back into INTC sooner or later"

Well, if it goes to 8.56 you'll need a 100% gain to get even.

Jim
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