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Technology Stocks : Intel Corporation (INTC)
INTC 37.83-4.2%Dec 12 3:59 PM EST

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To: H.P. Yee who wrote (14105)3/14/1997 8:58:00 PM
From: Joey Smith   of 186894
 
HP, totally agree. I think of the lawsuit as "insurance"
against any major defections from the INTEL camp. AMD has
gotten so much press lately with the K6, that Intel wanted to
bring them down to earth. timing is perfect since AMD is
scambling to get as many oems lined up for early april.
also attorney fees will not be welcomed by a company who will
probably report another loss this quarter. perfect strategy.
I too am waiting until I sense a short-term bottom. When I
sense it, i'm going in strong, since I believe more than
ever that $200 by Jan. 1 is a given. People are saying that
Intel must be worried and in trouble if they file this law suit.
Well, isn't "paranoia" Andy's middle name :)
joey
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