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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Elmer who wrote (91712)	11/4/1999 8:41:00 PM
From: Paul Engel	Read Replies (1) \| Respond to of 186894

Elmer - Re: "what a great nose you had, sniffing out the bottom at 65 3/4s. Was it just gut feel or did you have some indicators that screamed !!BUY!!" Actually, I think Intel sunk down to $65 1/8 after I bought at $65 3/4 - but "who's counting" ? Was it luck - sure it was. But my purchase was based on the fact that Intel was and is a great company that has (had ?) some short term technical problems that would be solved in short order and that long term their products and execution would continue to propel the company to higher and higher revenues - and profits. Intel had at that point "retraced" 27% from its previous high - $$89 5/16 ---> $65 3/4. I figured it was a bargain at $65 3/4 - and I went for it. But in the end - I got lucky - but without action, there is no luck. Paul