Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 39.42

-3.3%

3:04 PM EST

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To: kas1 who wrote (14109)	3/14/1997 10:47:00 PM
From: jmac	of 186894

Any psychiatrists out there? Support is definitely what we need because every support level on INTC keeps falling. Shoot, 129-132 is next! I used to agree with your assessment of INTC. I predicted 183 at earning's time. Not a chance. I think thereis a fundamental change going on here. Not just analysts rethinking but something fundamental changing at Intel. AMD may or may not be a threat in the future, but it is effecting Intel's pricing strategy and that was not factored in as little as 6 weeks ago. Margins are going to shrnk faster (yes 50% is still great but not as great as 60%). Marketshare is going to shrink (yes 85% is great but not as good as 90%). And, thus, the future is not certain it is uncertain. So, I am long. Much, much too long. And, now I am hoping rather than believing. Let's hope together.

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