Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.57

+4.8%

3:59 PM EST

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To: greenspirit who wrote (9642)	1/30/1997 7:50:00 PM
From: Paul Engel	of 186894

Michael - Re:"Who was that Guru who downgraded the stock just a few weeks ago?" Drew Peck downgraded Intel (but RAISED his earnings estimate) a few weeks ago while upgrading/raving AMD's stock. I believe I saw that today Drew Peck has since UPGRADED Intel. At least he can see which way the fish are swimming! Re:"...John Templeton tonight. Now that's a GURU!" The first time I heard of Mr. Templeton was when he was on Wall Street Week in mid-1982. The DOW was at 700-800 and he calmly and eloquently predicted the DOW would climb to 3500 (I honestly can't remember the time frame, but 10 years is my recollection for the DOW to reach that point). Mr. Templeton (Sir John?) outlined the strength that was underlying the American economy, his belief in the technological underpinnings of our industry, etc. and made the most compelling case for a bullish rise - a clear two or three months ahead of the start of this bull market (August, 1982 in my mind). He's a great man. I hope he enjoys his successes. Paul

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