Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 46.96

-2.8%

Jan 16 9:30 AM EST

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To: Francis Chow who wrote (54983)	5/3/1998 10:36:00 AM
From: Dale J.	Read Replies (1) of 186894

re: <<a chicken's lifelong experience is that each morning the farmer arrives and is a certain source of food; then one morning the farmer arrives with a knife . . . >> Francis: Assuming you were speaking metaphorically of the market, I agree. This market has reached unsustainable levels. The Nas is trading at a PE of 70-80. Every new high is quickly justified and any warning signs are simply dismissed. The market has become a game of musical chairs and sadly when the music stops there isn't going to be enough chairs to sit on. JMO Dale P.S. I am currently neither long nor short Intel. I am considering buying INTC if it dips again. Otherwise I'll just keep my msft.

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