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Technology Stocks : INTC
INTC 43.75+0.6%3:59 PM EST

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To: Bernard Newman who wrote (8)3/16/1997 4:01:00 PM
From: James B. Ditsworth   of 990
 
I am long on INTC myself. The stock has taken a beating in February and March, but the price is roughly what it was at the start of the year. I don't think you should sell. Personally, I am watching to see what happens in the next three-four weeks. Intel should announce strong quarterly earnings in mid-April which may boost the stock price back up. I suspect the price increase will occur within the next three weeks and will be incorporated back into the stock prior to the earnings announcement. But, I will say this, I am rather new to this so this is conjecture on my part! In the long run, I expect to see INTC at 180 by the end of the year.

Good luck with your investments.

regards, jim ditsworth
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