INTEL FOR TECHNICIANS Message Board

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Technology Stocks : INTEL FOR TECHNICIANS

INTC 39.99

-0.4%

Oct 31 9:30 AM EDT

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To: Ibexx who wrote (1404)	6/17/1997 6:31:00 PM
From: PrettyBoy	of 1513

It ain't over to till the fat lady sings. GATE, ORCL, and SEG post bad news all on the same day. To: PrettyBoy (1403 ) From: Ibexx Jun 12 1997 1:26PM EST Reply #1404 of 1441 Hi Pretty, Your own question should tell you something: <but I'm pretty darn confused about how these stocks have maintained such strength in the midst of the bad news. I am quite aware that it could be the "bad news is out," theory, but the Nasdaq is trading at all time highs...> Around this time each year, there is a gradual shift towards applying the new FY P/Es to valuation models, both in indices and individual stocks, thus tilting the balance toward a positive slant. In addition, there is so much $$$ on the sidelines--market is currently driven by liquidity, very forcefully. Ibexx

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