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


To: Scumbria who wrote (68404)11/11/1998 7:26:00 PM
From: Jim McMannis  Respond to of 186894
 
Scumbria,
RE:"Aren't you concerned that the K6-3 will hurt your INTC investment?"

No...

Wall Street isn't that smart. The important thing is that PC sales are robust, Christmas didn't go away and that Intel and AMD are sold out
their production for the quarter. This Intel vs AMD thing is overrated.
The average Institutional investor doesn't get that deep into it.
They look at the economy as favorable/unfavorable for stocks, then at the sectors then at the best companies in the sectors.
You see them on TV...at lot of the time they are totally wrong about the reasons for buying or avoiding a tech stock. SI is so much more definitive than what they get.

Jim