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Technology Stocks : Intel Corporation (INTC)
INTC 37.81-4.3%Dec 12 9:30 AM EST

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To: Thomas M. who wrote (50034)3/7/1998 1:08:00 PM
From: Paul Engel  Read Replies (4) of 186894
 
Thomas - Re: "Bill Fleckenstein has gotten laughed off this
thread for correctly identifying the PC industry fundamentals that you mention and making a killing in the stock market"

You are WAY OFF on this one!

Fleckenstein made his predictions three + years ago, shorted Intel way back then and is STILL HEAVILY UNDER WATER on his Intel short!

He predicted 4 out of the last 1 PC recessions. I guess that makes him a genius - wrong 4 times, correct 1 time, and bearing heavy losses.

Paul
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