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Technology Stocks : Intel Corporation (INTC)
INTC 34.14+1.5%12:46 PM EST
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To: Paul Engel who wrote (55836)5/20/1998 1:53:00 AM
From: SEMIHH  Read Replies (1) of 186894
 
What makes you think I'm not short the stock?... you are the idiot...
I prefaced my remarks a few posts back by saying what INTC has to do to address their new status as a consumer electronics company... I spoke of the changes they would need to make in order to continue their dominant status in an industry that now is growing at an anemic 8%, while at the same time trying to absorb the threat of new competition. BTW 8% growth is pretty lousy for a high tech investment, and that's another reason to dump PC and PC chips stocks... If you expect to continue having the returns of the past few years, I would suggest thinking about Data Communications investments that enjoy superior growth rates, say something like CSCO for example.
In case you haven't noticed... Tom Kurlak was DEAD RIGHT when he said INTC was DEAD MONEY at 100, and for the last 6 mos if you held INTC stock you would be down about 20%, with the future looking like another 20% in the next few months... Of course, we all know INTC can't fail in the long run, it's a Gorilla... and after we see signs that the company has quit rationalizing it's problems and takes real steps towards becoming a lean mean consumer electronics machine, it will be time to reinvest...
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