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Technology Stocks : INTEL TRADER

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To: Intel Trader who wrote (1975)2/17/1998 1:08:00 AM
From: Berney  Read Replies (1) of 11051
 
IT, Your welcome. It's amazing what a piece of garbage our Congress made the Sch D this year. Thankfully, we got software to do the math; hopefully, the software does it right. In reality several summary entries would be required: short term, and two long term classifications. E-mail me if you need further elaboration.

I disagree with the INTC call. The trend is clearly still positive and, without some extreme intl event, I think we'll test 90 again soon. We'll see! However, DOD is not going to keep 3 carrier task forces in the Gulf area for very long. So the extreme event could come about. I've decided to lighten up "friends" portfolios during the next week. I think it is a reasonable precaution.

Berney
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