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Technology Stocks : Intel Corporation (INTC)
INTC 47.10-4.4%12:47 PM EST

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To: Road Walker who wrote (7304)1/5/1997 6:53:00 PM
From: Frank Ellis Morris   of 186894
 
John

In all my years of Investing, there have been only a few companies I have seen that has interested me for long term holdings. Intel is indeed one of the most outstanding companies in the technology age of information and scientific revolution. I have learned long ago not to second guess the gyrations of the market place and to stand firm on Intel. I first bought it at $47 per share and I thought it was cheap then and today at $138 I think it is still a great bargain and buying opportunity.

I will make a prediction of where Intel's stock price will be ten years from now. I can forsee with all the muscle this giant has and all the breakthroughs that will be coming about, we will see this stock grow about ten fold over the next 10 to 12 years. Lets see how far off the mark I am and while I am at it don't underestimate the titan Microsoft. Good luck to you and Happy New Year.

Frank
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