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

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To: Jon Klaus who wrote (94)3/20/1997 10:27:00 AM
From: BlueCrab   of 990
 
Jon and all -- After seeing the comet early this morning (I heartily recommend it to you early risers!) I watched a bit of CNBC. Tony Dwyer was on talking about this tech stonk we've been experiencing. His opinion is, as others have said, that the correction is healthy and that nothing fundamental has changed. He spoke briefly about INTC as one of the stocks he was recommending to his customers.

When asked about the future, he stated that with the market's current attitudes it would take only one really big piece of good news to start another major rally in the techs, and then reiterated his INTC plug.

For those of you who don't know of him, he's a regular on CNBC (forget his company, sorry) and is an accurate gauge of the market's outlook. Of course, this is only necessary for those of you having doubts...

Best,

Jeff
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