Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.59

+4.9%

Feb 6 9:30 AM EST

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To: Paul Engel who wrote (3604)	9/25/1996 4:42:00 PM
From: Burt Masnick	of 186894

Raul - Re "Short Sales" The WSJ only gives a grand total but you can do some quick math. At least five million of the 20 million were in the past month so they were done at prices in the 80s. Those folks are only hurting a little (but they are probably sweating bullets). The other 15 million are thus those brain surgeons and rocket scientists who figured it was real smart to short INTC at 50-60-70. These are folks who are looking to give themselves a haircut with a hedge trimmer :( Re the rosy outlook. Scary, isn't it. I am waiting for some loons in the Russian military to start a coup or some other catastrophe to kick the dow 1000 points down (dragging intel and everything else down with it). Perhaps the fact that so much of the market is in professional (stop laughing) hands as mutual funds may help stabilize panic selling if something happens. I have absolutely no fear of the network PC (there's a short sale that might be worth considering). About the only realistic fear I have is that the justice department decides to break up intel the way they broke up ATT (and they wouldn't even dream of doing that if the NC is a big hit :) ). Good long term investing to all. Burt

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