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


To: Road Walker who wrote (37491)10/24/1997 3:03:00 PM
From: Barry Grossman  Read Replies (1) | Respond to of 186894
 
John,

In Oct 95 when I got into it for the first time, it was 20% below it's high of 82 at 65. By Jan 96 is was 50 after dissapointing the market.

I think it is an even better buy today at 80 or so than I did when I bought at 65.

The Flash Memory fab slowdown is NOISE.

The most significant thing I've heard all day was posted on an earlier post by Kealoha this morning:

exchange2000.com

Amy Olmstead in this TheStreet.com ARTICLE has some quite perceptive perspectives on what a DEC/INTC settlement will mean for Intel and the rest of the world from then on. IMO, this isn't noise - it's a symphony.

Barry



To: Road Walker who wrote (37491)10/24/1997 4:56:00 PM
From: vinod Khurana  Read Replies (2) | Respond to of 186894
 
John, 20% below the high is nothing. Talk about the % from the low.
Averaging down at these levels and hoping for a bounce to $90+ is a dream in the short term...in other words throwing more money down the tube. Wait until low $70's and then average down.