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Technology Stocks : Intel Corporation (INTC)
INTC 36.20+0.1%Dec 26 9:30 AM EST

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To: Tony Viola who wrote (71464)1/14/1999 11:00:00 PM
From: Fred Fahmy  Read Replies (2) of 186894
 
Tony,

Clearly, Intel was down mainly due to the entire market getting hammered. In addition, one has to assume that there are going to be spells of profit taking along the road to higher prices. Personally, I think that is very healthy for us long term investors. A slow methodical gradual rise, with give and take, is much more sustainable and realistic then a rocket trajectory. If there is one thing that separates genuine Intel investors from the get rich wanabees, it's patience. It's always good to remember that Intel is a get rich slow stock <g>. There are definitely harder ways to make good money then just being patient.

Re: CNBC's "thesis"

I don't think CNBC's assessment is accurate at all. If anything AMD's results are a clear signal that Intel is very much in the driver's seat. Of course no one had to tell us that <g>.

FF
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