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Technology Stocks : Intel Corporation (INTC)
INTC 36.58+2.2%10:03 AM EST
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To: Paul Engel who wrote (46581)1/28/1998 1:03:00 AM
From: Fred Fahmy  Read Replies (3) of 186894
 
Paul,

<High End CPUs for Windows NT Server - Up 80% in 1997!>

Thanks for the article. Many of the lame WS analysts have no idea how significant this is. Hell, many probably don't even know what a NT Server is. Fortunately, their ignorance has no long term effect on the stock price and merely creates occasional buying opportunities for those looking for a "second chance".

The current uptrend feels very much like when we were coming out of the fall 95 fall - 96 spring malaise. Like then, INTC's current weakness was largely do to Kurlak's downgrade and a false perception that Intel was losing it's edge. I give him two months before he upgrades INTC. Last time he helped it drop from 37 to 25 and he didn't ugprade it until it was all the way back to 33. Perhaps this is just a false rally, but even if so, the real think is just around the corner and the 2nd half of 1998 should be very exciting.

FF
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