Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 46.95

-2.8%

3:59 PM EST

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To: Nicolas Waters who wrote (3361)	9/16/1996 7:02:00 PM
From: Fred Fahmy	of 186894

Nicolas, Many people used your exact logic/reasoning to sell INTC after they announced strong Q2 earnings. These people are out almost $20/share. INTC remains undervalued in the eyes of many. Corrections do and will happen. So what? IMHO, trying to guess and time short term minor corrections is a poor investment strategy. BTW, not everyone is bullish on INTC. INTC short positions increased 50% from July to August. I get a kick out of people shorting INTC. Sort of like picking a fight with Mike Tyson and expecting to win. FF

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