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Technology Stocks : Intel Corporation (INTC)
INTC 33.62-4.2%Nov 20 3:59 PM EST
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To: steve thompson who wrote (15480)3/26/1997 2:57:00 PM
From: Kealoha   of 186894
 
This is a rush to strong companies that will have profits no matter what the interest rates do over the next year. Since chips are a foundation of our civilization now and INTC makes the most and the best, they will continue to produce outstanding profits, no matter what the interest rates do. The rates are not headed up much more anyway. The dollar is very storng and if it became much stronger a recession would hit the US and Greenspan won't do that.
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