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Technology Stocks : Intel Corporation (INTC)
INTC 50.22-0.7%Feb 9 3:59 PM EST

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To: Jules B. Garfunkel who wrote (9319)1/25/1997 7:41:00 PM
From: Mark Jahre   of 186894
 
Even the best of companies can experience an oversold condition.
The market's mistake becomes my buying opportunity.

Intel went negative on Friday. This trend may continue and become an oversold condition. Happens all the time.

Some of you may simply add more Intel to your portfolio.

I am nervous about the recent run up of the market. Now it is correcting. I sold my Intel, and will wait to see what other nervous investors do with their shares.

The trend is my friend.

I'm in cash, having taken profits out of the market, waiting to buy back in. (ie., I may also go short )

Regards,

Major
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