Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

Nov 14 9:30 AM EST

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To: James R. Barrett who wrote (74646)	2/26/1999 6:18:00 PM
From: Michael Bakunin	Read Replies (3) of 186894

I'm less sanguine; I'd need an even lower price before I went long. I will take some money off the table if it drops under $110 (my long puts were nice today, but ugly earlier this week). This is a stock that sold for less than $80 a few short months ago. In the interim, the news has not been unalloyed gold. My seat-of-the-pants fair value these days is $60-80 -- but I know this market too well to expect the stock to trade at fair value. I'd be happy to argue the point, but have received precious few replies from the local bulls to my #reply-7819204. mb

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