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

To: puborectalis who wrote (12868)	11/6/1997 1:29:00 PM
From: dougjn	Respond to of 27012

My psft has be doing great. Purchased on Tues last week, along with bunch of other things. Bought a bit of intc on the dip, blew it out last week. Still have my deep profit intels which I won't sell, but...we are in for a slow period by all evidence. Falling margins with good but not great volume. ASPs moving down, little hunger for faster PCs. This is first time I can remember when I really don't care about something w/the lastest intc chip in it. Slow period which may last, may not, but its paradigm shift time. Andy Grove knows that, Intc will end up doing great, I imagine, but not a good time for new money I don't think. (I suggested last week that people who were overextended in intel lighten up as soon as it approached 80 coming off the plung, you may remember. And I've been saying for about two months that I didn't like intel near or intermediate term.) Doug