Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 49.25

+0.9%

Feb 3 3:59 PM EST

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To: Jeffrey Thompson Hunter who wrote (29253)	8/14/1997 10:44:00 AM
From: vinod Khurana	of 186894

For those speculating and going long in INTC....you people just gave this company enough money over the last 30 days to buy out PEPSI. Tell me, what has changed since this stock was trading at the $70 level just prior to July 4th, 1997 ?.....complacency of course. A 50% correction in this stock is reasonable or somewhere between $15 - $20 from its recent highs of $102. This correction will not undermine the fundamentals going forword....just some consolidation that is looooong overdue. V.K

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