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

To: Jay who wrote (49499)3/4/1998 10:29:00 PM
From: jmac  Read Replies (3) | Respond to of 186894
 
I agree with you. Many posts have generously let us know how far
they think the stock is going to go down. Yet, they imply that
they own a lot of INTC and aren't going to sell. If it is going to the 60s and
40s, then why hold on?



To: Jay who wrote (49499)3/4/1998 10:52:00 PM
From: Barry A. Watzman  Respond to of 186894
 
Jay,

re: "why ride the stock down" (if I think we will see 60).

Well, I won't sell at the open, I've been burned by "panic selling" in the past. But the stock could open in the 60's, or be there tomorrow, in any case. And I could be wrong, it might never get below 75. And there is this "inertia" thing. And doubt.

Bottom line: I might not ride it down, but I can't predict the future, only take educated guesses, and sometimes my emotions get in the way.


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