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Technology Stocks : Intel Corporation (INTC)
INTC 47.48-1.7%1:33 PM EST
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To: BlueCrab who wrote (12052)2/21/1997 7:18:00 PM
From: Frank Ellis Morris   of 186894
 
Jeff, Over the past few days we have seen a downdraft in the tech sector which has put downward pressure on INTEL. I would not worry about Intel. The Cyrx development is like a babling little kid in a classroom who pouts that he does not get any attention. Finally, in an outburts of a fit Cyrx starts to kick and whine and says hey, I got these little thigamagigs that you can put into a computer and it does this and that and Compac gives it some attention. The only problem was that the master at the head of the class was rudely interrupted. This act of aggression by Cyrx will now have to be addressed. After a little while Intel will drop the net and put the little Cyrx nusiance back in its place or maybe send it to face the corner of the room.

We are truly seeing a buying opportunity since many of the .Institutions are lightening up their portfolio's for the present time. Intel's stock is well below fair value. Hang in their, the rough sea will calm and every one will want to get on the ship once again.

Someone already said it earlier today, that Andy Grove is not someone you want to get pissed off. I think the man is a business street fighter and there will be significant ramification to Cyrx for their recent little bit of bull----.

Have a good weekend,

Frank
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