Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.68

-5.8%

3:02 PM EST

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To: Harry Landsiedel who wrote (73213)	2/9/1999 7:43:00 AM
From: Mary Cluney	Read Replies (4) of 186894

Harry,>>>Long term the market is a weighing machine and the overvalued stock today will top out or drop precipitously on bad news more so than the undervalued one in my experience. <<< Intuitively, I would think that a stock can stay undervalued for a longer period than being overvalued. But, having watched the Internet stocks recently, I'm not so sure any more. My feelings also is that Intel has stayed undervalued these years, in part, for a lot of pathalogical reasons that I can't really seem to figure out. As an example and without really going into Kurlak's psyche (which I think is gothic - at this point)it is clearly evident that he has done great technical damage to Intel stock prices that will take some time to repair. If you look at the pure reasoning that he gives for his Intel negativity, there is not much there. However, a certain amount of that negativity that he injected recently will remain for years to come. Mary

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