Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.20

+0.1%

Dec 26 9:30 AM EST

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To: Jeff Mills who wrote (38355)	10/29/1997 11:56:00 PM
From: Mitchel S. Untracht	Read Replies (1) of 186894

approximately 18 months ago a guy from soundview was extremely bearish on semi equipment cos. he got flamed. he was correct as amat went from 50 to 20. like it or not, kurlak has been on target with intel in the past 6month period. he is probably correct now as well. intel is a monopoly. that is why we own it. however, it presently is overvalued. would love another opportunity to load up at lower level. i think current conditions with asian economies(not stock markets) will make all semi's retreat as earnings going forward will have to come down. in the spring with blood in the streets, intel and others will be ripe

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