Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 33.62

-4.2%

Nov 20 3:59 PM EST

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To: Sonny McWilliams who wrote (53750)	4/17/1998 9:25:00 AM
From: Larry Loeb	Read Replies (1) of 186894

Sonny, Jules and All. Article about TK's downgrade with a price target of 60. Go down to "Chips retreat". cbs.marketwatch.com; The last time Kurlak made such a call was in March of 1996 when Intel was in the 50's and he said it was going to the 40's. It bottomed at 49.5 and then went, pretty much, straight up to $180. If that was the only indicator I used, I would buy as much as I possibly could. However, at the time he was making a bad judgment relating to what was occurring in the RAM market and extrapolating it to INTC. This time the accuracy of his logic is questionable, but less so. JMO Interested in other opinions. Larry

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