Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.77

+3.7%

3:24 PM EST

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To: Home-Run who wrote (55932)	5/22/1998 6:52:00 PM
From: SEMIHH	Read Replies (1) of 186894

"just one and half week ago everyone was so bullish" ... No, not everyone. There were some of us who didn't buy all the malarky put out by some of these foolishly irrational INTC bulls on this board, who choose to engage in denial... but if you did have an open mind, it was easy to see what is happening to INTC... #1) Insiders DUMPING stock - unprecedented... including Director 600K block #2) INTC "bait and switch" with Celeron Chip deliberately released as computationally challenged in order to switch customers to higher end product (this is a real publicity problem for them today). INTEL INSIDE now means less for more. #3) Andy Grove visit to Taiwan, pleading for Celeron Design wins. First trip to Taiwan in 10 years, he had the nerve to say "we are all one family" to them after INTC ruined their motherboard business in Taiwan... what a joke !! #4) Andy Grove Retirement - His paranoia of walking out as a loser drove him to quit... #5) The vehement denials by the posters on this board of the negatives surrounding the stock. #6) Discounting of sub$1000 PC market and competitor offerings. Yep, all the signs were there... Ignorance is bliss - NOT! Maybe $60 is too high an entry point... Silicon Valley knows the truth about Intel, and there is nowhere to hide... getting closer to earnings pre announcement every day... this is what happens when a company refuses to listen to their customers and consumer demand... The louder these bulls scream on this board, the lower INTC stock will go...

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