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Technology Stocks : Intel Corporation (INTC)
INTC 35.10+2.3%Nov 19 3:59 PM EST

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To: Paul Engel who wrote (70129)12/24/1998 1:11:00 AM
From: Barry Grossman  Read Replies (1) of 186894
 
Paul,

Re: <<for the last part of the run up>>

Do you think we'll stop at 150 again this time for a year or so before doubling again like we did in 96-97? We hung around 65-100 for a year after the 7/97 split. Will it happen again (I'm assuming another 2/1 split at 150 or so) or are conditions so different now that the runup after that might be sooner?

What do you think?

Re Kurlak: IMO, he no longer has much credibility but because of his continued employment and thus association with giant ML, he still seems to have the power to move the short term price both up and down. I guess the Kurlakian buying opportunities which I gleefully took advantage of during the past year are gone for now - at least for for a little while. They will be back. He just doesn't get it.

Barry
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