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Technology Stocks : Intel Corporation (INTC)
INTC 48.26-0.7%3:59 PM EST

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To: Philip Merryman who wrote (4917)11/7/1996 10:36:00 PM
From: Paul Engel   of 186894
 
Philip - Re: Bear Stearns

Typical analyst response. AFTER Intel tells the world what is going on, these analysts take the data, run it through their spreadsheets, and out pops a new number.

Don't they ever figure anything out on their own?

Like Salomon Brothers, for example. Intel was way too high at $107 - therfore, it had to come down!

Yeah, right! Intel is now at $122 1/8.

I wonder how many Salomon customers are are asking what happened to their $15.13/share since they took Salomon's sage advice?

Paul
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