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

To: mauser96 who wrote (39166)	11/6/1997 12:16:00 PM
From: Joey Smith	Read Replies (2) \| Respond to of 186894

Lucious, re"The cloud hanging over Intel is now so universal, that the only thing that will send the stock up is surprise upside earnings, and I don't see much chance for that until mid 1998 at the earliest." C'mon, you know better than that. The stock right now is trading at 18+ TRAILING PE, and all the bad news is already factored in (flat 1998). Right now, the Big Money is waiting on the side-lines playing cat and mouse to see who will make the first move. Until then, the stock, I agree, may drift lower to the mid/high 60s, but it wont stay there long. Then, we may get a few weeks of basing in the 70s, before the stock takes off again 9within the next 2-3 months). This has been the pattern for Intel twice before this year. For intermediate/long-term investors, this is a great opportunity. I'm buying now, and I'll be buying into the 60s if need be. I'll be patting myself on the back this time next year. joey

To: mauser96 who wrote (39166)	11/6/1997 2:55:00 PM
From: Willsgarden	Read Replies (1) \| Respond to of 186894

I think the conference scheduled for friday will shed some light on the future as intel sees it, and will undoubtedly be flavored to boost optomism for the entire tech sector, and show that intel in particular is in the process of adapting to the addition of the cheaper product lines. I think there may be some tech bashing left, but IMO intc will begin to recover within weeks not months. No one gets a bargain without taking a chance. Going forward from here, IMO intc will be a top performer short term as well as long term. sub 20 pe ratio! Bill Monier