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


To: Fred Fahmy who wrote (42470)12/16/1997 10:52:00 PM
From: Paul Fiondella  Read Replies (5) | Respond to of 186894
 
So you are looking at the longer term prospects and Intel's price.

Well my crystal ball shows a recession as a result of the Asian market collapse. I see stagnating growth prospects for everyone without any escape for the techs.

In some respects Intel is positioned to be like IBM in the 70's. It was without peer yet its stock wouldn't go up.

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As you can see I do not believe sales of anything are done in an economic vacuum. It will not be Intel's fault. It will simply be a shrinking market for goods.