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Technology Stocks : Intel Corporation (INTC)
INTC 38.44+0.7%3:59 PM EST

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To: Tony Viola who wrote (66880)10/16/1998 6:37:00 PM
From: Road Walker  Read Replies (1) of 186894
 
Tony, M,

It sounds strange, but when sentiment is real negative on a stock, it seems to take a while for good news to "sink in". The major techs enjoy such a firm mentality of "sell the news", I don't think any report could have boosted INTC.

What *I think* could happen going forward... The "folks that matter" will make Intel outperform the market as they know, even if they don't admit it, Intel is less much less risky at this point than most alternatives.

I, personally, think it is a screaming buy right now.

John
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