Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 47.14

-6.1%

Feb 10 3:59 PM EST

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To: Xpiderman who wrote (5601)	11/20/1996 8:57:00 PM
From: henry tan	of 186894

I agree with you. I don' think the IBM has enough steam to support its price any higher for 97. Also MSFT is at a higher P/E. But Intel is around 26. Since the last year when FMAGX dumped the technology sectors, I have been carefully watching those funds (also FDCPX etc.) Maybe I was too paranoid. Check the closing price for FDCPX. It is up 0.5+ dollars. Who has the access to such high volumn shares to change the market ? Last year, when FMAGX dump most its MU, it makes no money because market cannot absorb so many shares at a time. May be those big fund managers get wise to unload their stock in better timeings. By the way FMAGX has increased its technolog holds to 17% recently. Anyway, for the long term, INTC is a good buy. I own shares of INTC and MSFT and FDCPX. Just for fun, I am competing my own portofolia with those techology sector fund such as FDCPX. Should not worry for the short-term profit taking. Plus, I like INTC more than MSFT even though I make more money from MSFT the last couple years. Probably due to my profession is a software engineer.

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