Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: Gary105 who wrote (57081)	6/4/1998 10:44:00 AM
From: Darren	Read Replies (2) of 186894

Is anyone buying intel at these prices and if so, why? Looking to pick up as much as I can afford anywhere under 68 or before June 11. Why? INTC is a franchise/monopoly with huge market share, no competitive threats (unless you consider Jerry Sanders a threat), and excellent products (unlike MSFT). The current paranoia is a joke. DELL has already announced, and their earnings were OK. CPQ hasn't warned. And, estimates were downgraded after March 1 to take this whole scenario into account -- which is probably why INTC isn't pre-announcing. $45 would be a 50% reduction from the March 1 price -- which seems unrealistic for a company with 50% margins and profitable products both in the market and in the pipeline...

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