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

To: Gary105 who wrote (57081)	6/4/1998 8:14:00 AM
From: Joseph Pareti	Read Replies (2) \| Respond to of 186894

>Is anyone buying intel at these prices >and if so, why? Sure I am going to go long once more at the opening bell. Note this has been even recommended by Paul Fiondella. Why ? Because I believe more Craig than all the H&Q's and Kurlaks on earth

To: Gary105 who wrote (57081)	6/4/1998 9:32:00 AM
From: Jacob Snyder	Read Replies (2) \| Respond to of 186894

Considering doubling up this morning. Nibbled a bit last week at 74. Amid all the noise and confusion, here are some facts: 1. The semi industry will grow faster than most other industries long-term. 2. INTC is the world's best large semi company with a track record. 3. The industry is severely out of favor (see the SOX index chart). That means the risk is low, the whole group is oversold. 4. Looking at the 10-year chart, if you bought INTC any time it had gone sideways or down for a year or more, and held for at least a couple of years, you'd be very happy with the results. Every time. 5. What else are you going to buy? What other industry leader with a pristine balance sheet, and EPS growth of >20%, can you get for this PE? My alternative to buying more INTC is cash while I wait for the semi-equips to finish cratering. 6. When the analyst herd has trampled over a stock, when Mr. Market is anxious and sad, that's exactly the time to load up on a quality stock. BTW, this thread would be more useful if everyone would quit with the name-calling and paranoia.

To: Gary105 who wrote (57081)	6/4/1998 10:44:00 AM
From: Darren	Read Replies (2) \| Respond to of 186894

Is anyone buying intel at these prices and if so, why? Looking to pick up as much as I can afford anywhere under 68 or before June 11. Why? INTC is a franchise/monopoly with huge market share, no competitive threats (unless you consider Jerry Sanders a threat), and excellent products (unlike MSFT). The current paranoia is a joke. DELL has already announced, and their earnings were OK. CPQ hasn't warned. And, estimates were downgraded after March 1 to take this whole scenario into account -- which is probably why INTC isn't pre-announcing. $45 would be a 50% reduction from the March 1 price -- which seems unrealistic for a company with 50% margins and profitable products both in the market and in the pipeline...