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Technology Stocks : Intel Corporation (INTC)
INTC 48.23+2.3%Feb 11 3:59 PM EST

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To: MythMan who wrote (8479)1/15/1997 5:27:00 PM
From: Road Walker   of 186894
 
Pete, RE: It's going down and you know it

I don't *know* anything about the future. I know Intel's been going up pretty steadily for a year (with the exception of the July dip), and that it went down 4+ points today. I guess you are probably right, today changes everything. Who wants to own this dog of a company that lost 2% of it's value today?

I know they posted pretty good earnings dispite the fact that nobody is buying PC's (isn't that what you and Mike believe?). All those Pentiums are being used as paperweights, right?

Pete, honestly I suspect Intel will continue to go up at least through the split. If you want to pick ONE DAY as the reversal, TODAY, you have bigger cahoonas than I have. I prefer to make my predictions in hindsight.

John

see you on P
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