Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.26

-0.7%

3:59 PM EST

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To: Bernard Newman who wrote (6629)	12/19/1996 4:21:00 PM
From: Joan Osland Graffius	of 186894

Hi Bernard, I bought a trading position on Monday for $126 and change and sold today at $138 and some change...making over $1000 per 100 or over 8% in two days is not bad. It is the old game of buy when the blood is running in the street and sell before greed sets in. I do this with Intel because one has a very low risk that the stock will not trade higher - it is just a matter of when. 10% swings in Intel are not uncommon. I will play this game all the way to where ever we are going - some where between $175 and $200 - what ever. Adobe is another stock at this time to play this game. The down side risk is small since they have new releases of most all thier prducts. Also it is easy to see when the mutual fund managers have their buys. One can generally make between 6% and 10% here also. I have lost money playing this game also - it is not all roses and one gets burned every once in a while. Happy holidays, Joan

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