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Technology Stocks : Intel Corporation (INTC)
INTC 49.50+1.4%10:00 AM EST

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To: Road Walker who wrote (1877)6/19/1996 11:38:00 AM
From: Dave Lyall   of 186894
 
Dear John,
I know that you are a long term trader and this may not effect you.
But it might effect others who trade in a stock short term or semi-short term.Intel employees get bonus pay outs in intel shares twice a year and most of them sell the shares as soon as they get them.It is done twice a year and guess what ? End of July they are going to receive these pay outs and they are going to sell them right a way to pay there personal bills.I will check and post the approximate ammount of shares that could come out in the market as soon as I have time for some calculations.It does effect the market price.The market price ALWAYS go down by some significant ammount every pay out time(with no exception(s)).

So we should watch out very carefully because according to what I think is that that is about the time (end of JULY) for intc to come back up ,as they say ,heading for 80-90 level and we will be facing with one big obstruction around that time.

Dave
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