Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.26

+0.5%

Dec 18 3:59 PM EST

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To: Sonki who wrote (44481)	1/8/1998 4:03:00 PM
From: uu	Read Replies (1) of 186894

Hi Sonki: To answer to your question I think so! I bought INTC a couple of days ago when some con-artist (i.e. analyst) had upgraded it and had made a comment saying INTC will report 15% better than expected earnings for the past quarter. I bought it at $74.5. But I just unloaded it today at $74 5/8! After talking to a few friends who work at Intel, they think the company may very well come out with an impressive earnings report (let me emphasize on the word maybe!), hwoever, they think (and they are all just design engineers) from the mood of the company and their own feeling Intel's revenue for the next 2-3 quarters is going to be at best "flar"! So I decided to sell! This may very well be wrong (as I said these people are just design engineers/managers and some of them are seniors and have been with the company for over 10 years, but they dont know any better than the rest of us!). I think the best strategy right now till end of this month would be to stay in cash as much as possible. I think (actually I hope I am wrong!) much better bargining period will soon be coming our way to load up on shares of premium companies at bargain prices of the century! Regards, Addi Jamshidi

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