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Technology Stocks : Intel Corporation (INTC)
INTC 34.32-1.2%Nov 18 3:59 PM EST

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To: Paul Engel who wrote (47698)2/12/1998 3:26:00 PM
From: Jules B. Garfunkel  Read Replies (1) of 186894
 
All, INTC now @ 84 1/2
The market seems to be reacting to the negative article in today's WSJ,

"PC Focus Blinded Giant Intel
In Race to Make Cheaper Chips
By DEAN TAKAHASHI
Staff Reporter of THE WALL STREET JOURNAL"

and Tom Kurlac's recent negative comments on the Semiconductor industry. Both of these I believe are over exaggerated and coming back to back, has distorted INTC's great long term future. Both assume that INTC is standing static and that they are not poised to assault the main frame/enterprise server market. I view this, once again, as a good buying opportunity. Perhaps the last, assuming no adverse interference from Clinton's problems, Asian crisis, or a renewed Persian Gulf War.

Today, I sold Intel long term Puts, however, as always I reserve the right to change my mind or be completely wrong.
Jules
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