Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 49.25

+0.9%

3:59 PM EST

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To: jiggy who wrote (5133)	11/12/1996 3:19:00 PM
From: exhon2004	of 186894

jiggy: re your morning news update. Add one more piece to it: November 12, 1996 Magellan's Bond Holdings Are Reduced by Stansky By JAMES S. HIRSCH Staff Reporter of THE WALL STREET JOURNAL BOSTON -- Fidelity Magellan Fund manager Robert Stansky has reduced the huge mutual fund's bond holdings, saying that he has found "more attractive investments in stocks" and that he is aggressively buying technology companies, such as Intel Corp., because of their earnings potential......... Great!!! But why is intc down >2.00? Is this news story just to set up Fidelity to cut loose on their intc and take profit? Looks like the market thinks so. Best Regards Greg Gimelli

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