Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

Nov 14 9:30 AM EST

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To: Paul Engel who wrote (54147)	4/22/1998 2:29:00 PM
From: Burt Masnick	Read Replies (3) of 186894

Paul - Intel is up. The market must be wrong. INTC's supposed to go down. Kurlak told us. Albert's his money flow told us. Fleckenstein told us. CNBC told us over and over. And Briefing.com told us too. I think some Technical Analyst on the thread told us that doomsday was coming. Actually, INTC is very volatile and lurches in either direction with surprising vigor. Not for the faint-hearted. A couple of up days does not signify anything (AMD had a couple of solid up days right before announcing and then just slid back). This latest lurch appears to be the result of Andy and company saying again what they had already said publicly - solid new high margin products are in the pipeline and the channel glut will work its way through the system. No real news for anyone who follows Intel. Darn. Just when I had decided to nibble some more if it hit the sixties. Thanks for all your valuable input in the face of the ill-natured hectoring you receive. Best regards, Burt

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