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Technology Stocks : Intel Corporation (INTC)

INTC 34.60

-0.3%

2:08 PM EST

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To: Road Walker who wrote (127817)	2/19/2001 11:23:22 AM
From: Tony Viola	Read Replies (1) of 186894

John, In the long run -- i.e., over a holding period of 12 months or longer -- current prices promise some mouth-watering gains. A modest revival in the technology sector could produce gains of 100% in Extreme Networks (EXTR:Nasdaq - news), 80% in Ciena (CIEN:Nasdaq - news), 75% in Brocade (BRCD:Nasdaq - news) and 60% in Juniper (JNPR:Nasdaq - news) within the next 12 months. Well written article by Jubak, but how clear is his crystal ball WRT an overall recovery that could warrant those stocks' comebacks? Some opinions, FWIW: Brocade is very strong in its niche: fiber optic SAN switches; Ciena also in optical networking, but I don't know about the big guys coming back strong against them; Juniper will hear from Cisco, I'm quite sure; don't know why Extreme is special. All high PEs, even forward, that's for sure. You buying any? Tony

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