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


To: Barry Grossman who wrote (37802)10/27/1997 2:57:00 PM
From: StockMan  Respond to of 186894
 
All, Intel's price cuts.

news.com



To: Barry Grossman who wrote (37802)10/27/1997 2:59:00 PM
From: Road Walker  Read Replies (1) | Respond to of 186894
 
Barry,

I'm long but have protective puts and a lot of cash, so I'm hurting some but not as much as most. When the lead story on the network news tonight is the trading halt, how do you think the ma and pa investor will react? Mutual funds are very low in cash, less than 6%, redemptions could become floor sales very quickly. I just don't believe we need the additional drama of a halt, I would rather see 300 more points down.

MHO,

John