Right about around xmas time I was listening to a broker on CNBC and he was saying that a buy price for INTC was 65 I have
been waiting to see that price ever sense he spoke. the time is very near. So my buy order goes in tonight at 65. I think you are
right corections don't happen over night. Wait till that volume comes down besides there are a lot of day traders in this play you
could see it at the end of the day they were all getting out. they will play on every low of the day. My smart serv was flashing
like crazy on this one. This will be a day traders dream for at least a month for 1 to 2 dollar plays today they made two
bucks.The brokers are loving this!!!!!!!
The major cause of the drop is less than expected earnings and margin calls. Any investor who has an ounce of brains will see this as a buying opportunity. If INTEL falls, if you own stocks listed on the NASDAQ, they will fall also as today has proven my point. Time to buy all you doom and gloom goons. The company is solid just like your skull!!!
You know if people would go read Worth magazine, I think Jan98 issue, it says the one stock you should own....about 40 pages on Intel, I was stupid not to buy at 69 earlier in the year. I just bought 500 shares, so I'm now officially in.
Good luck all, come back is coming tomorrow.
The real question is will it hit 100 million shares traded.
The brokers are making a ton. Some guy is talking about Intel at 40.. If that happens I'll be taking a mortgage on my house and auctioning off my life insurance policy to raise cash to buy shares in the best semi-conductor company in the world for at least the next 10 years. From the panic you would think that no one is ever going to buy a PC again.
Im in a t 17% of the current price, I don't intend to get out. Catching this thing is like catching an f-16, not likely.