Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 38.56

-2.4%

1:51 PM EST

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To: Jules B. Garfunkel who wrote (2558)	7/24/1996 7:37:00 PM
From: Andy Chen	of 186894

Barlage knows everybody will BUY because last time he said SELL intel hit a bottom and rebounded hard. now, as mighty fidelity is forced to take its dump on INTC to offset its other tech losses, they WANT you to BUY. Barlage said fundamentals hasn't changed. but SELL. so who would SELL? aren't we supposed to listen to the analyst's comments on the fundamental part but not the BUY SELL HOLD part? this is a major propaganda. remember what happened to DEC ? when it was in the 70's. same thing happened. and then fideliity took its dump after the street was very bullish on the stock (as a result of these analyst flicks). no doubt cant compare DEC with INTC. however, i am just saying let the mighty fid take its dump. and then jump in at very low prices. fid cant sell all the time. they have to bring price up to inforce street confidence. and when street is VERY BULLISH (as a result of Barlage's downgrade) then, FID WILL TAKE ITS ULTIMATE DUMP. look at where DEC is right now. FID sold in the 70's. bought in the 50's. now, they admit they were wrong cuz DEC's fundamentals are OUT OF WHACK. too much empty fab. and only little exposure to alpha products. (40%). so, mighty fid is again selling DEC. thats why it is in the 30's now. take care on INTC. fid will seel at today's 70/share level. but, they will buy in the 50-55 level like they did with DEC. given the fact fundamentals are intact. do you think i like this? NO OF COURSE NOT. I FREAKING HATE the way fidelity do its business. not to mention the fact mutual funds (fidelity mega-billion hedge funds) is the biggest pyramid scam of the century.

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