Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 51.15

+6.0%

1:04 PM EST

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To: Ibexx who wrote (5058)	11/10/1996 11:28:00 AM
From: jackrabbit	of 186894

Alan Abelson can be a clever and witty writer but as far as investment advice goes he is consistently negative on almost everything. His bearishness is often justified but I can also remember Abelson and Barrons making pointedly negative comments on Intel in the past. This is really par for the course as far as the business press goes IMHO. I worked in a law firm on Wall Street across from the NYSE for 6 years, during which time the market more than doubled. If the DJIA was up 50 in a day, I wouldn't know it until I got home and turned on the news. But if it was down 50, I would have to fight my way through the hordes of hysterical reporters doing live coverage in front of the stock exchange to make my way into the subway. I also met a few reporters from magazines like Fortune and Business Week when I lived in NYC. The ones I met tended to be journalism majors fresh out of college and their only investments were their biweekly contributions to their 401(k) accounts. (I wonder if they chose the "stock fund" option). Malcolm Forbes was right -- you can make a lot more money selling the advice than following it!! Regards, John

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