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

To: Fred Fahmy who wrote (42452)12/16/1997 10:20:00 PM
From: Paul Fiondella  Read Replies (1) | Respond to of 186894
 
Remarkable statements Fred, did you watch the stock today?

In a half hour it sustained a two point downward movement without any upside. That's very strong selling going on. This came incidently when the stock was about to climb over its day high and stopped a half point above its low.

The stock hasn't finished on the downside. ITs probably got a stronger downside move to make than that slight dip below 69 1/2.

Nothing short of an earnings surprise to the upside will cause a rebound in the price. What do you thinkl the prospects are of that?



To: Fred Fahmy who wrote (42452)12/17/1997 1:17:00 PM
From: Harry Landsiedel  Respond to of 186894
 
Fred Fahmy. Re: WS & Intel. Excellent post. Regarding your 3rd group, "The third group (almost non-existant group) are the honest, knowledgable analysts who have vision and make honest assesments." I would include Andy Neff of Bear Stearns in this group.

See this post from the CPQ thread.

Message 2975765

HL


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