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

To: Srini who wrote (42404)	12/16/1997 3:49:00 PM
From: Jurgen	Respond to of 186894

Yeah, Andy is smart, look at the stockprice - though i'm surprised he still holds 80 shares - i would have supposed he heavily shorted INTC

To: Srini who wrote (42404)	12/16/1997 3:52:00 PM
From: Mohan Marette	Respond to of 186894

Sriri: Damn, is that why Intel is on the negative side now,I wonder! Unbelievable.Any idea where they get this info? Where is Joh Hull when we need him.

To: Srini who wrote (42404)	12/16/1997 3:59:00 PM
From: Burt Masnick	Respond to of 186894

Hi all - I saw this piece of "news" this afternoon and I immediately knew that this was the final sign that the AMDers have finally lost it. Faced with a Jerry Sanders who is continually backtracking from overstatements and worse and an Andy Grove who is well beyond careful in characterizing future business prospects, at least some of them have chosen to believe that Andy Grove sold all his holdings. Without even bothering to check, I know that this is poppycock. By the way, when it becomes obvious that this is poppycock, there will be some other explanation of why intel is doomed. There was a book about 30 years back by a San Francisco philosopher-longshoreman (that is not a typo) entitled "The True Believer" that talked about the typical personality of people who devote themselves totally to a cause. They abandon family, friends, careers, and everything else to follow the shining truth. Today we call them cultists. Early (and late) communists, (many) religious zealots, some "patriots" and others fit this mold. The loyal AMDers have become (perhaps they always were) True Believers. At every stage of IBMs juggernaut of the 1950s, 60s and 70s, there was no lack of people who would tell you that IBM produced inferior products, was all marketing hype, had no future, was certainly not as good as Univac, Control Data, Honeywell, General Electric, DEC, Burroughs, etc. If they had put their money on IBM during most of those years they would have retired early and rich. Sound like anyone we know? Good investing to all, Burt