Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 37.89

-0.1%

3:59 PM EST

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To: Tony Viola who wrote (31754)	9/12/1997 12:56:00 PM
From: Defrocked	of 186894

<INTC is just going to have to exceed expectations for 3Q. In the bag? I think so.> This market, read Nasdaq Techs, is a screaming buy. The compelling value of INTC over MOT is unbelievable. I also think INTC earnings release will provide upside catalyst for big caps in this sector. I would also not go home short this market this weekend. We have not seen the end of lower rates or of a stronger dollar. If overseas weakness continues, the dollar will be a haven, not ECU currencies or the Yen or gold. Inflation remains tame, growth moderate and expectations have been realigned in equities. The press coverage of recent trading activity has been very negative lately and many non-professionals have been selling or shorting. These are positive developments. For those wringing their hands over recent trading activity, walk away from your terminal, go outside and notice that the fundamentals for further PC sales and a moderate economic climate have not changed. Just my 2 cents. Good investing all.

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