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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (27957)	1/11/1998 11:29:00 PM
From: BillyG	Read Replies (2) \| Respond to of 50808

Rarebird, you said: Billy, I must confess I love Intel because of its fundamentals! Its chart is in a downward trend at present. I bought at 75.875 and will continue buying at every major drop during this Bear Market. Why? I love that Merced chip and I think Intel is positioning itself for some more explosive growth down the road. This is a true investment with a proven company that is second to none. I hope it moves lower so I can buy more and more and more...... Hmmm.... Intel is in a downward trend in a bear market, and you're buying because you "love the Merced chip"? It sounds like you are a closet techie! I could tell you about the margin problems Intel may have because of competition from Cyrix and AMD, which are already being used in Compaq PCs. Or I could tell you that the Merced chips will require Rambus memory, which is more expensive than standard memory or EDO or SDRAM memory. But, since I'm a techie, I don't care about those things. INTC has made its missteps, as in the under $1000 PC market and the digital video market. I like INTC, and I hope it does well. And I really admire Andy Grove. I truly hope your INTC investment does well. The INTC conference call this week should be interesting.