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Technology Stocks : Intel Corporation (INTC)
INTC 48.26-0.7%3:59 PM EST

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To: Autumn Henry who wrote (9592)1/30/1997 9:28:00 AM
From: exhon2004   of 186894
 
Autumn:

re your question If the smart money is leaving why is the stock going up?

Excellent question. About a year or so back intc was below $60 and dropping because the "smart money" was bailing. I did the dumb thing and bought in at 59 and more at 56 and 50.5. I'm still holding today with no intention of selling. Boy do I feel stupid!!! In fact, I'm thinking of starting a new society of dumb intc shareholders. Think I'll call it Densa.

Best Regards

Greg Gimelli

PS: Who gets to decide whose money is smart?: The historians, not the prognosticators!
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