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Technology Stocks : Intel Corporation (INTC)
INTC 48.74-0.1%1:48 PM EST

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To: Jules B. Garfunkel who wrote (1903)6/21/1996 12:04:00 PM
From: Burt Masnick   of 186894
 
To all - We are moving into the mist of summer for INTC.
INTC bulls (like me) believe that the big four factors
will dominate.
1 - Great new product for the fall (MMX, 200 MHz)
2 - Corporate upgrade to to Win NT 4.0
3 - Greater penetration into home market (first time buyers)
4 - International sales

I see at leat three of the four coming on as predicted.
There is an added bonus in two other factors

a) The fall of memory prices
b) A relatively good increase in job creation

Verdict - Unless War breaks out, the Market Nosedives,
Civil Disorder occurs or Apple revives bigtime,
I see a banner two-four year run for INTC beginning
this fall. I think that means that the stock will
start to simmer this summer. With a couple of quarters
of real growth, the PE moves to 25 and INTC hits way
over 100.

Honesty in adverstising warning - I have held intel since 1982
and added to my position this year. I am biased.

Burt
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