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Technology Stocks : Intel Corporation (INTC)
INTC 36.82+1.5%Dec 19 9:30 AM EST
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To: Ibexx who wrote (46849)2/1/1998 8:46:00 AM
From: Rarebird  Read Replies (2) of 186894
 
I find the negative sentiment expressed in the Barrons and Forbes articles to be old news. It is the old thesis of the sub $1,000 PC reducing profit margins and revenues for Intel. I expect the impact here to be at worst minimal. I continue to see strong upward movement for large cap semi, and semi-equip stocks next week ( including Intel). I expect continued upward movement after that with higher highs and higher lows. I would not be concerned about the most recent rally fizzling out. Intel is on its way higher.
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