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

To: exhon2004 who wrote (37991)	10/28/1997 12:11:00 PM
From: Bill Murray	Read Replies (5) \| Respond to of 186894

Now I know why they say individual investors didn't panic. They could not get through. Yesterday I got through to E-Schwab but couldn't do anything for an hour and a half. Today cannot get through at all.

To: exhon2004 who wrote (37991)	10/28/1997 1:00:00 PM
From: Paul Fiondella	Read Replies (1) \| Respond to of 186894

Concerning shorting There may be better stocks to short but shorting Intel is like shorting the Tech sector. I picked it because I felt it was grossly overvalued when I shorted it, less so now than when I picked it. As to trading, I use a reliable broker with a track record of proven execution---Siebert. I put my orders in verbally not through the Internet before trading starts for the day. I had no trouble getting through to a broker today. I use the Internet for real time information but not for trading. Execution is more important than cheap commisssions. As to philosophy I pick a target and am willing to wait for it. VK uses a different system. If he went in today at 72 then he made a bundle. I did not cover. So I will either pay the price or raise my target on the next move down. I still think Intel is headed for the 60's.