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Technology Stocks : Intel Corporation (INTC)
INTC 44.06-3.2%3:59 PM EST
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To: kas1 who wrote (13139)3/4/1997 2:29:00 AM
From: RayW   of 186894
 
Konrad,

Today's 4-points bounce was great for me to increase my short position. INTC has passed its peak and is on the verge of crash.

Acer just reported that they used Pentium for their sub-1000 AcerBasic II instead of Cyrix chip as Intel offered them HUGE volume discount. All these recent discounts on Pentium is cutting Intel ASP and margin greatly for this and next quarter.

Any earring dispointment would drop INTC 50 off overnight. Guess who is the last fool?
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