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Technology Stocks : Intel Corporation (INTC)
INTC 34.72-2.3%Nov 17 3:59 PM EST

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To: f.simons who wrote (80532)5/7/1999 12:36:00 AM
From: Diamond Jim  Read Replies (3) of 186894
 
"It runs up like crazy, splits, has a few rough months, runs up like crazy, splits again, and all the crazies talk about is the few rough months."

f,
I am long Intel but I am not so sure this is the truth about Intel any more. It was all over the news yesterday that Craig Barrett said we can't grow 30% yearly, we are just too big. Okay that's reasonable and the stock was at 102 in July of '97. I wouldn't call 102 to 119 in 21 months a crazy run up.

That's 16.6% in 21 months, not bad but not crazy.

jim
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