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Technology Stocks : Intel Corporation (INTC)
INTC 36.78+2.7%Nov 26 3:59 PM EST

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To: John Carragher who wrote (64001)9/5/1998 1:18:00 PM
From: Paul Engel  Read Replies (2) of 186894
 
John - Re: "Intel, but what people still don't
realize is that it'll be lucky if it only drops to 40 -- "

My guess is that $40/share is the point where Fleckenstein started shorting Intel 3 or 4 years ago.

He's praying like crazy Intel drops back to that level so he can convert huge paper losses into a break-even situation or profit.

Paul
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