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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: Jim McMannis who wrote (63540)8/28/1998 4:26:00 PM
From: Road Walker  Read Replies (1) of 186894
 
Jim,

Have to admitt I picked up a few long positions today, probably a serious error. If we don't see a STRONG bounce Monday or Tuesday of next week, I think we can look for a DOW bear market.

I think you are right that Intel will out-perform if the market tanks, solid companies with good balance sheets and real profits will hold up, the stocks that have high PE's based on imagined future earnings will take the worst hit.

John

I'm surprised Paul F. is still here Intel bashing. Never could figure out how some folks can come to HATE a stock and company so much. Seems like a waste of time when there are so many interesting and positive ways he could be using all that energy.

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