INTEL SUPPORT GROUP - the sky is falling!!!! Message Board

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Technology Stocks : INTEL SUPPORT GROUP - the sky is falling!!!!

INTC 37.53

-5.0%

2:32 PM EST

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To: Richard Query who wrote (78)	2/24/1997 8:21:00 AM
From: Jacob S. Rosenberg	of 248

> Stock prices are based on the future more so than the past. > This being the case all 3 new competing chips will have an > effect on INTC. Personly I sold at 157+ and am looking for > a reentry around 132-133. Yes, it turns out that 157 isn't bad at all. I don't think that the other chips are a threat at this time. Sure, some PC manufacturers will use the other chips. That's clear. But I don't think that Intel is in such trouble. Just consider: Intel spends about 20 percent of its earnings on R & D. That's a considerable amount of R & D. They are not standing still! The idea that the others will EASILY catch Intel is one that I just don't buy. Even with all their expertise, finacial and materal commitment, it is possible for someone else, say a firm like Cyrix, to develop something MUCH better. But this is against probability. I appreciate the bearish views on Intel. Most of the advice out there is bullish. It's important to hear other views. Regards, Jacob S. Rosenberg

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