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Technology Stocks : INTC
INTC 43.48+8.6%3:59 PM EST

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To: Burt Masnick who wrote (108)3/21/1997 1:18:00 PM
From: Jules B. Garfunkel   of 990
 
Burt,
That's the way I see it also.
We have been togetherer, in times like this, several times now. The secret for me, is to recognize the dips in Intel's price and add to your core Intel position when they come. Keep your eye on the long term.
As I have said many times, if you are any place in this world and you want to do business in a global, or even local environment, you have to have a computer. Nine out of ten times that computer is going to be an Intel PC. Until this fundamental fact changes, I will continue to add to my Intel core position.
I continue to hold my IBM Puts for protection against market erosion, and buy Intel calls at strategic support points. This is what Jack Rains was so good at in picking those support points. It really is unfortunate that we lost him.
Regards,
Jules
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