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Technology Stocks : Intel Corporation (INTC)
INTC 46.20-5.1%3:24 PM EST

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To: Burt Masnick who wrote (3341)9/16/1996 7:56:00 PM
From: Paul Engel   of 186894
 
Burt - Re:" Has INTC gotten ahead of itself..."

No. As one who has studied physics, it is impossible to be ahead of oneself. Sorry for the flip answer, but I severely dislike this use of Wall Street jargon.

Intel's stock price simply reflects that the last guy who bought it (at $92) thinks it will go higher in the future. Tomorrow we will see if that guy is the latest sucker or a wise investor.

As for no comments re: the stock run up -

1. Maybe we will JINX things if we talk about it.

2. Maybe we are so smart that it was completely expected and is not a surprise.

3. Maybe we deserve the run up and are entitled to MORE!

Re: :" My son bought a spiffy Dell PC three years ago for his freshman
year at college and literally had to get a new one for
his senior year..."

Geez - I'm not that old, but when I was a freshman I bought a NEW slide rule. I used it through undergraduate and graduate school (the same one!). Are today's college grads smarter than we were or are they learning things that we didn't learn?

Perhaps computer science/software type students need these PCs. I certainly recall HOURS wasted hanging around the ONE MAINFRAME waiting for my printout (so I could correct my program again!).

Re: The justice department - I wouldn't worry. I'll bet they spend the next 4 years investigating themselves and/or Bill & Hillary. Perhaps we can build an iron gate/fence all around the BeltWay and lock everyone up for a few years - they have all worked hard to deserve this.

Congratulations on your investment profits. Don't forget to order your son ANOTHER new computer for the holidays. Maybe he can use a portable!

Paul
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