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Technology Stocks : Intel Corporation (INTC)
INTC 40.56+10.3%12:59 PM EST

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To: Michael Ohlendorf who wrote (35079)10/13/1997 8:51:00 PM
From: Richard L. Williams   of 186894
 
Michael--
I am with you, dude! My stooopid broker (I fired him after this) got me into Intel at 100 3/8. I hadn't tracked this stock, knew nothing about it, always thought Intel was too rich for my blood.

When I got off the phone with him, I got online and looked at a graph and said "Uh-oh!" Even a neophyte like me could see a correction was coming. This one trade would have justified the cost of a second phone line.

But I firmly believe that Intel will beat all earnings estimates, if only by a little bit, and buoy above 100 again. If I didn't have this hope, I would have dumped this turkey and gone to greener pastures elsewhere a month ago.

I have heard from numerous people telling me to just be patient, but I can recognize when a giant is tired, and Intel's stock is very tired.

Good luck!

Rick
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