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


To: Diamond Jim who wrote (70886)1/11/1999 10:13:00 AM
From: Ibexx  Respond to of 186894
 
I think INTC will reach $180 (Lehman's new target) by the third week of April if not sooner.

Ibexx




To: Diamond Jim who wrote (70886)1/11/1999 10:34:00 AM
From: Barry Grossman  Read Replies (1) | Respond to of 186894
 
jim,

To me, it feels like early 1997 all over again, as I posted last night. If Ibexx is correct about 180 by April, that will be a 100 point gain from October. Not bad for 6 months. The move from 80 to 167 in the 8/96 to 4/97 period was similar.

That move occurred during Intel's biannual manufacturing changeover -from .35 to .25 technology. This move up in the stock price corresponds to the .25 to .18 move. There is good correlation on the price moves to the manufacturing changeovers. I expect this will continue as we go to .11 and so on...

Good luck and grab some more Intel while it's still cheap.

JMO. BWDIK.

Barry



To: Diamond Jim who wrote (70886)1/11/1999 1:17:00 PM
From: Joey Smith  Read Replies (3) | Respond to of 186894
 
re:I only have my core
holding so I can't jump out but you have to wonder how high we can go?

Jim, I don't think people realize the importance of the Internet phenomenon on Intel's bottom-line (e.g. PCs to access the Internet, servers to handle the complexity). Right now, most of the money has flowed into obvious plays (e.g. Amazon, Yahoo, Cisco). People are starting to wake-up!!! IMO, I would not be selling into this rally. Enjoy the ride.

joey