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

To: kapkan4u who wrote (109248)	9/4/2000 12:42:37 AM
From: Joe NYC	Read Replies (1) \| Respond to of 186894

Kap, I sold all my Intel stock accumulated over a 12 year period in May 1999 and bought AMD. Few days ago I sold INTC short at $75 7/16. I guess you put your money where your mouth is. I bought AMD a little later, January 2000, but I have to say that I am a lot more confident that AMD will go up from here than that INTC will go down. Despite all of the problems, Intel is still going to have 2 good quarters, and I would not rule out $100 before the end of the year. The indications are that the demand is good and Q4 will be even better, and Intel still has the capacity to meet most of this demand. The reports are that Intel cut Celeron production drastically and has been selling the chips as higher priced Pentium, which should help offset the declines of ASPs of Intel's high end chips (800, 866 and 933 MHz). Joe

To: kapkan4u who wrote (109248)	9/4/2000 1:37:43 AM
From: carl a. mehr	Read Replies (1) \| Respond to of 186894

kankan4u, RE: - "I sold all my Intel stock accumulated over a 12 year period in May 1999 and bought AMD. Few days ago I sold INTC short at $75 7/16. " You are a very brave soul! To counteract this brave move I may have to visit a few Holy sites for chanting praises to Intel, Microsoft and Cisco. That have worked wonders in the past, and certainly Microsoft could stand a little help from above. I, just like the other person that commented on your post, also will not be surprised to see Intel at $100 by year end. Currently my YTD portfolio gain stands at 61% and much of the credit for that goes to Intel, which is currently 51% of my holdings. I have promised my wife a new car if my portfolio doubles this year, and Intel needs only to get to $94. Fat chance that the rest of the portfolio will stay flat, with most of it in Cisco and Microsoft. Let's hope my wife get's lucky this year...piously humble carl