Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 45.51

+10.6%

Jan 9 3:59 PM EST

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To: Dennis who wrote (39268)	11/7/1997 6:10:00 PM
From: FANMAN	of 186894

If you are in the hole bigtime, you must have bought in relatively recently. Don't despair...INTC gives us these wonderful opportunities every few years. The first time I bought INTC, I was on margin and got killed. The last couple times I only buy on margin when the stock price hits 25-30% below its 52week HI and it has worked well. Intc is an extremely powerful company with dominant market share...almost a monopoly. But you must be able to separate company from stock price. Historically, INTC usually peaks around 150-160, splits, and then corrects 25-35%. This year I posted that I thought INTC was overpriced at 150 and indeed it did drop to 113. But it rapidly ascended back to 100(postsplit). Imo, the downside is now low..buy,buy,buy

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