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Technology Stocks : Intel Corporation (INTC)
INTC 36.66+1.3%3:59 PM EST

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To: Jacob Snyder who wrote (38907)11/4/1997 8:48:00 PM
From: Clayton  Read Replies (4) of 186894
 
INTC is one of the most frustrating stocks to hold. There are dogs like HWP and MOT which misses estimates (HWP missed 4 of the last the 5 quarters, last one by 10 cents) ,they go down a bit and start climbing or are steady. INTC is like chinese water torture, keeps going down a bit almost every day. Their timing is terrible. They leaked the delay of the Fort Worth fab a day or two before they announced the settlement of the DEC law suit. So wall street thinking that it is a sign of slow down punished the stock without realizing that the postponement was due to the acquisition of the DEC fab. Nobody at Intel cares to clarify the situation.

Now they opened their big mouth and announces that the Asian situation is causing slow down, well before any body else did and the stock takes another hit.

A very frustrated INTC holder.

Clayton
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