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


To: John F. Dowd who wrote (171187)9/24/2002 9:18:26 AM
From: Alan Smithee  Read Replies (3) | Respond to of 186894
 
My only point John was that until recently, this board appeared to be the home of LTBH INTC diehards who believe in the company, no matter what. Never mind that the stock still is trading at ridiculous valuations.

Given the market's propensity to make wide swings (INTC at 85???), an equally strong reaction in the other direction is likely. Back in June, I told some regulars on this board INTC would see 15 before it ever saw 25 ever again. I've since revised that to 12 before 18, and IMO 7 is a likely downside target.