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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 41.14-3.4%Jan 8 3:59 PM EST

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To: freeus who wrote (44)4/1/1997 10:21:00 AM
From: Frank Ellis Morris   of 27012
 
Intel is the master architect and builder for this new era of technology. I do not have to tell you why as information on this tremendous company is available all over the internet. Intel was a buy at 154 and if you liked Intel then, you would have to love it now.

The recent sharp sell off was similar to the one in the summer of 1996, except that MR, Greenspan decided to put in a few stirring comments and then shot a missile straight at the bow of Wall Street. Evertyhing on deck was effected but soon I feel the mends will turn things around. What Mr. Greenspan should do is to reverse interest rates but this would be too much for his ego to take.

Most people I think, are fully invested and unfortunately many do not have any dry powder to buy more shares of a good company at buying opportunites like this, but in a couple of years I truly believe that we will look back in disbelief as to how low the Price of Intel was compared to what it will be in the future. It will be quite an interesting time discussing Intel then.

On a brighter note, the Dow Jones is now up 13.50 points.

Hold on to your winner

Frank
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