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

To: Jay who wrote (52157)	4/6/1998 12:10:00 PM
From: Mary Cluney	Read Replies (2) \| Respond to of 186894

Jay,>>>Long way to go down - not much room on top....why should we be optimistic - convince me. <<< Intel is in a short term transition stage as they transition fully to PII. Longer term they are positioning themselves to enter the highend workstation, server, and mainframe markets. Most people understand what it means to spend $500-$1000 for a computer that will do everything they think a computer can do, but few sub $1k consumers have ever seen a $10,000 workstation much less understand what corporations go through to budget $50-100M annually for IT expenditures. Clearly, if the sub $1k market is intel's future, the future is very bleak. However, this is not Intel's future. Intel's future is much more complex - and requires more intellectual bandwidth to understand. Under these temporary transitional investment periods, small minded and small time operators are likely to use this window to assuage there own inner feelings of helplessness, anger, and inferiority by venting their rage - hoping to boost their small egos - and paint an ugly and pessimistic scenario for what they consider authority figures. Whenever these guys take over this thread, this is a good contrary indicator that a bottom is nearing. In the same way, when posters appear out of the wood works on this thread, that normally don't post here, start posting their one liners about backing up the truck and shouting that the train is leaving the station - you know that a reversal is imminant. Regards, Mary