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

To: RDR who wrote (63639)	8/31/1998 2:38:00 PM
From: Paul Engel	Respond to of 186894

Ripu - Re: "Fleckenstein said he's been expecting technology shares to fall for some time because investors had driven them to unrealistic heights. He's been selling short Intel, " What Fleckenstein FAILS TO ADMIT is that he was SHORTING Intel and DELL THREE or MORE YEARS AGO - and must have amassed huge losses for his poor clients during this time frame. Intel has doubled in this time frame and my guess is that DELL has more than tripled - possibly quadrupled. If you want some historical references to these facts, let me know. Paul