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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 40.28-0.7%10:52 AM EST

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To: JPR who wrote (14524)12/14/1997 5:11:00 PM
From: Brian Malloy  Read Replies (1) of 27012
 
Paul,

I'm not a real TA type, especially in this type of market which is largely driven by emotion and overseas events with money bolting around at best on rumor and in some cases for no apparent reason at all.

I think the DELL model is working fine. With minimal exposure in Asia, rising growth in the US and accelerating growth in Europe I look for DELL to be in the $110s in February.

Playing short term with DELL or any other stock in this market is practically anyones guess. You can not hang your hat on TA much less fundamentals. Intermediate term I think things look quite good although one can probably expect swings of up to 20% both ways on the stock. Long term just buy it and hold it. Michael Dell is a young man that has grown up in and helped to found this industry. DELL will be a player in the 21st Century.

IMHO
Brian
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