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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 34.20-2.6%12:46 PM EST

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To: puborectalis who wrote (14749)12/18/1997 5:26:00 AM
From: Frank Ellis Morris  Read Replies (1) of 27012
 
Stephen,. Intel's dpressed stock price is a result of all the pressure put upong it from people like Tom Kulak. There is nothing wrong with the company of Intel, it is the manipulation forces that brokerage houses have which determines the value the market gives. What you say can be true of any stock when the price goes up to take some off the table. I do not believe that is the way fortunes are made. Playing this sort of strategy throws you into compulsive trading and market timing. I do not know of anybody getting rich doing this over the long term.

Regards
frank
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