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

To: Dale J. who wrote (59484)	7/8/1998 1:21:00 AM
From: Jim McMannis	Respond to of 186894

Dale, RE:"Yes. My sentiments exactly. I was just cautioning someone on the YAHOO thread on why so many YAHOO short-sellers have become road-kill. It is a true stock demand problem. With the shorts perpetuating the upward cycle when they cover. Its a phenomenon that doesn't follow the stock fundamentals. When it falls though it will fall hard. " I'll say there is a demand problem. Fidelity owns 11% of Yahoo and a lot of other funds want to add it to their portfolios. When "they" decide they want to own more Intel it will make a run too. Right now though, the big mney sees Intel as having "competition" and has steered clear... Jim