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Technology Stocks : Intel Corporation (INTC)
INTC 47.14-6.1%3:59 PM EST
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To: Jack T. Pearson who wrote (30695)8/29/1997 1:27:00 PM
From: Jeffrey Thompson Hunter   of 186894
 
Jack,VG and I usually run parallel.Couple weeks ago I moaned about a major drop thru 50 day index averages.That transpired,followed by quick rise.Again I moaned about a double bottom,that happened. Now I believe a slow turnaround will happen here,and if Dow drops significantly from here, I will shut-up. Intel earnings are pivotal now, and 85-91 cents is a comfortable range.Bottom line...buying here as VG suggests would be best here if the mentioned senario does transpire.If not, as Carl sez, hold for 300% over next 5 years is reasonable.jh
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