Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.22

-0.7%

3:59 PM EST

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To: Scumbria who wrote (80052)	4/26/1999 11:44:00 AM
From: Joseph Pareti	Read Replies (1) of 186894

as i see it; there were 3 shock-waves in 1q1999: (i) the last gasp from a moribund TK who warned of a low-end price war (ii) the late February warning by CPQ of slower PC sales (iii) the profit shortfall preannouncement by CPQ in early April In all 3 cases INTC took a hit as "analysts" bashed INTC. Now TK is gone and the CPQ problems are really CPQ problems. In all 3 cases I bought more INTC on the dip and took some profits on the subsequent rebounds. Conclusion: INTC is the best play both short and long term.

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