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

To: John O'Neill who wrote (65604)	9/28/1998 10:55:00 PM
From: StockMan	Respond to of 186894

Server sales up at Micron electronics. This backsup Intel's optimism about the Q, and the news reports on Xeon based servers being supply constrained. news.com

To: John O'Neill who wrote (65604)	9/29/1998 1:43:00 AM
From: Paul Engel	Respond to of 186894

John - Re: " I realize this is a small amount to you..but what do you think ..is this a good time to short it? " This is an excellent time to short Intel - excellent. Intel could be headed into the low $60s - according to many on this thread and, especially, Tom Kurlak, a self-professed Intel expert at Merrill Lynch - chief bail out financier of Long Term Capital Mismanagement. Of course, Kurlak and company said this when Intel was in the low $70s, but what's a $15 or $18 swing the wrong way? Gene Parrott keeps making detailed reasoned explanations about why Intel won't grow anymore - so Intel, in a prolonged , non-growth mode, could go even lower than $60 - perhaps much lower. A well known investor A - Mr. Fuchi Wu - has expressed his considered opinion that Intel should even trade for $20 - or perhaps even lower. In light of these opinions, yes, Short Intel, by all means. AT $20 per share, you can net a profit of $67+ on each share you short. You stand a good chance of making a small fortune, John, should Intel falter - as many, many people believe it will. By all means, go for it ! Paul