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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%3:59 PM EST

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To: Pancho Villa who wrote (51510)3/28/1998 11:42:00 PM
From: Paul Engel  Read Replies (1) of 186894
 
Pancho Villa - I love your "I Know It All" attitude!

I loved it when you knew so much you shorted a boatload of AOL just a few months ago at about an average price of $95 (PRE 2-for-1 split).

Since that stock - AOL - now sells for $138 pre-split (or $69 post split), I'd have to conclude that your record of infallibility in the assessment of technology stocks is NON-EXISTANT!

Perhaps you think that major losses in short sales of tech stocks qualifies you as an arbiter of future trends in Intel, but somehow I am forced to conclude that your opinion is just that - an opinion.

You have clearly been wrong before in a major way - with a probable $43/share loss in AOL - why would I or anyone else assume you are correct about Intel now?

Or did you receive a visit from some angel with a message last night?

For your edification, I believe Intel has an overall freeze on non-essential hiring. Some of us have known about that for several weeks - but then, most of us haven't been distracted with covering our "significant" short sale losses in AOL.

Paul
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