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


To: Time Traveler who wrote (41850)12/9/1997 11:31:00 PM
From: Paul Fiondella  Respond to of 186894
 
On the contrary, I'm not playing with fire

The Intel longs are the ones playing with fire.
The handwriting has been on the wall for some time. ORCL is as solid a company in the database field as Intel is in the microprocessor field and the stock went down 28% in a day.

I'm playing with fire! You can't imagine how the longs are going to feel on the day that (a) Intel preannounces, or (b) reports bad news.

ORCL lost all of its gain in the last year in one day, pretty much on the opening. Nobody got to get out in time.