Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 37.24

-2.8%

3:59 PM EST

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To: Paul Engel who wrote (43220)	12/27/1997 6:11:00 PM
From: ANANT	Read Replies (2) of 186894

Paul Engel and all: Great post It is a great post indeed. I always enjoy your humor. I am afraid I have to agree with your post. No matter what happens to INTC earnings flat, below or above expectations, Intel bashing by the analysts would continue for the next 2 to 3 quarters and the stock could be pulled down some more. As long-term investors we have to bear with the pain in seeing our paper profits dwindling down. The stock price of $70.00 is still not bad for those of us who had purchased Intel before the split. For those of us who bought the stock after the split in the up market may see some paper losses. The losses may perhaps come handy for year-end tax selling purpose and one should find a convenient entry point to buy back the stock after 31 days to avoid wash-sale. The stock might go up in the month of January with the stupendous growth of money flows of IRAs etc. and consequent investments by Mutual Funds. The stock may go down in February 98. IMHO. I may be totally wrong. Wish you all happy holidays and a safe prosperous 1998. rgds ANANT

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