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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%3:59 PM EST

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To: Mohan Marette who wrote (42957)12/20/1997 4:00:00 PM
From: StockMan  Read Replies (2) of 186894
 
Mohan,
Re -- Drew Peck...

Mr Pecker, has been an Intel bear for a long time.. However when he appears on TV, he says Intel is a buy for the long term. Have you noticed how these analysts are now saying, Intel is a buy for the long term, but don't buy now? In effect they are contradicting themeselves and getting away with it.

Mr Pecker also had a buy rating on AMD, when it was in the upper 30's. He predicted it would go to 60 or higher.. Just goes to show how much he knows of the industry.

Stockman
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