Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: John Carpenter who wrote (42110)	12/12/1997 10:54:00 PM
From: Paul Engel	Read Replies (2) of 186894

John - Re: "Who is selling near $70. Are the market participants jackasses or do they know something that I don't?" Not me. Bear in mind, there are probably as many buyers as sellers at these prices (I'm assuming the market makers are not collecting the stock out of the goodness of their hearts.) From an investment standpoint, Intel is a great choice. They are exiting 1997 as the undisputed technology leader after a brief but futile challenge by AMD and Cyrix. Both these companies are hemmoraging money. Intel is still making about a billion and a half dollars per quarter. But remember - investments are long term propositions. Short term, anything can happen. Paul

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