Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.40

-0.4%

10:41 AM EST

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To: Paul Fiondella who wrote (44536)	1/8/1998 11:49:00 PM
From: Jim McMannis	Read Replies (1) of 186894

Paul, RE Paul E. It's human nature for people to tout stocks they own even if they are overbought. In his heart Paul E. probably believed that Intel was a good buy at those levels. Paul E. probably has a whole bunch of Intel stock and it's gone up a lot...so don't expect him to not recommend it...besides, picking tops and bottoms in stocks is much harder than making computer chips. It's like brokerage houses...when they own it the recommend it. Then after they sell it they downgrade it or as Ed Hart (FNN) used to say. "A downgrade from Buy to hold really means"..."you hold while I sell". Jim

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