Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.32

-1.2%

Nov 18 3:59 PM EST

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To: Dale J. who wrote (57155)	6/4/1998 4:12:00 PM
From: The Vinman	Read Replies (7) of 186894

Bill Fleckenstein called for INTC to go to $40 on CNBC and I have to agree with him. There wasn't any good news today regarding INTC, this rally was a bull trap. One of the things Fleckenstein said was the mentality of buying INTC just because it is at a MUCH lower price than it was at $94. Their business is terrible, high end PC's dominating the market are a thing of the past, ASP's continue to drop and INTC has expensive products at the low end that are weak versus offerings from AMD. Vinman

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