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

To: James R. Barrett who wrote (74646)	2/26/1999 6:18:00 PM
From: Michael Bakunin	Read Replies (3) \| Respond to of 186894

I'm less sanguine; I'd need an even lower price before I went long. I will take some money off the table if it drops under $110 (my long puts were nice today, but ugly earlier this week). This is a stock that sold for less than $80 a few short months ago. In the interim, the news has not been unalloyed gold. My seat-of-the-pants fair value these days is $60-80 -- but I know this market too well to expect the stock to trade at fair value. I'd be happy to argue the point, but have received precious few replies from the local bulls to my #reply-7819204. mb