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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?


To: DennisToo who wrote (12413)10/28/1997 6:35:00 PM
From: dougjn  Respond to of 27012
 
Well, I hope you don't hate me, but I actually think intel will trend back down for a few months. Long term rock solid 20% grower. Which is a rare beast, if one is honest.

All the name beaten downs rocketed back up today on a massive rush to buy at bargain prices.

By the end of the day, some of the prices weren't such bargains. I bought Intc early on for 76. Thats a keeper. But if I was overwighted Intc I might think of selling down a bit at these levels. I don't think intc will stay above the mid 80s for six months.

Regards, Doug