Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 36.26

+0.5%

3:59 PM EST

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To: Frank Ellis Morris who wrote (12931)	11/7/1997 10:18:00 PM
From: dougjn	Read Replies (2) of 27012

I thought Intel was a terrible buy at 100, and said so. I think it is an ok buy here, but probably dead money for six months. In the sixties it becomes a great buy. I think at least the low 70s will be revisited. I have some deep profit intels which I wouldn't dream of selling. I am also no buying here. Intel is not the only stock in the universe. I think Msft has a strong lock on its business, and Csco (which I have a lot of) is growing quite a bit faster, and also has a lock on its core business. (Software standards based, which few understand.) Many other very good long term investments out there. Intc is a bit overvalued here. The public knows it is a survivor (which while correct, has prevented any bargains.) Regards, doug

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