Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.57

+4.8%

3:59 PM EST

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To: jmac who wrote (6512)	12/16/1996 8:50:00 PM
From: Bernard Newman	of 186894

JMAC, Relax! I trade the stock and was greedy at 141 and let it ride...with a basis of 131. While anything CAN happen, this board has become a good contrary indicator. Everyone was euphoric on Thursday...and depressed today. It's INTEL we're talking about! John Hull left some great hints today about new products not yet announced. The MMX comes out on Jan 8th and earnings on Jan 14th. INTEL will trade up again...and in a REAL bad market (heaven forbid) INTEL might act as a safe haven since it is somewhat a "value" blue chip at P/E of 16x 1997 earnings, at least compared to MSFT with a P/E of 43. It amazes me how many on here cry and beg for a "buying opportunity" yet few ever report plunking down their $$ when the stock dips. It's hard to do, but this ISSSSSSSS a buying opportunity.

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