Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 38.44

+0.7%

Nov 10 3:59 PM EST

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To: Fred Fahmy who wrote (66892)	10/16/1998 8:19:00 PM
From: Road Walker	Read Replies (1) of 186894

Fred, re: "When the market makes up its mind ahead of time and ignores actual results (good or bad), then this is what I describe as irrational behavior. During the bull run, this type of behavior provided many opportunities to sell (for those interested in closing positions). In the current environment it creates great buying opportunities." OK, call me a cynical. I believe the market is somewhat of a fixed game when it comes to short term movements, especially when we are talking about the "most widely held stocks". There are $Billions on the table, including short term options contracts (today's expiration), that represent strong (understatement) incentives for manipulation. I would suggest that those who are unhappy with the streets response to Intel's earnings wait a few weeks before they make a sell decision. John

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