Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 46.47

-4.5%

Jan 30 9:30 AM EST

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To: RayW who wrote (13547)	3/8/1997 8:45:00 PM
From: Rob Mannel	of 186894

>No! I do not own INTC at this moment. I have watched INTC closely >and believe that it has lost its strength. I think you may be right, INTC has lost its upward momentum. The new chips from AMD and Cyrix are a concern. Although this is no real competition at the moment, since the shipments are a slight fraction of what intel can ship, the perceived competition on Wall Street should drive the stock lower. Earnings this quarter will also play a large roll in share price, but I expect them to be flat from the last quarter. The upcoming split may give some support, but I don't see it as a real share price mover. I'll be selling on Monday!

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