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Nov 24 3:59 PM EST

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To: Michael Olsen who wrote (425)	6/2/1997 8:54:00 PM
From: Paul Engel	of 990

Michael - Re: "Uh oh. Now what Paul, et al.?" Intel closed at $149 (Monday) and after the bell, Seagate issued a warning forecast for earnings lower than last quarter's earnings. What the true explanation is for these evnts won't be known for several weeks, or more likely, several months or quarters. That is the tech investment business for you - fast rises, faster drops. There are no guarantees - but there are companies that perform consistently well when business conditions are fair to good. These companies are good investments. But they too will get whipsawed when business conditions are not good. If you can find a better investment than Intel, please let me know! Paul

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