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

To: greenspirit who wrote (37967)	10/28/1997 10:01:00 AM
From: Road Walker	Respond to of 186894

Michael, You may be crazy, you may be crazy like a fox <g>. John

To: greenspirit who wrote (37967)	10/28/1997 10:10:00 AM
From: mauser96	Read Replies (1) \| Respond to of 186894

Most of the high tech stocks I follow (INTC PRIA INVX CYMI etc) opened down this morning with a 7% to 10% gap, but appear to at least temporarily to have stabilized. Nasdaq now -55 points but up a bit from open. 70 seems like a bargain price for Intel, but of course it might get to be a better bargain. I bought a few shares yesterday at a higher price but still cheap compared to it's recent 102. A market like this throws the baby out with the bathwater. Averaging down in a bull market usually is a mistake, but in a market like this it makes a bit better sense.