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Technology Stocks : Intel Corporation (INTC)
INTC 36.34-0.1%3:59 PM EST

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To: William Hunt who wrote (24984)6/21/1997 2:57:00 PM
From: Yaacov   of 186894
 
Ibexx
NO ! Sold CSCO - move money into INTEL

Several reasons :

Bill,

Given that you just sold CSCO and moved to INTC. It seems that all analysts have down graded INTC with the exception of Solomon Brothers(Pls. correct me if I am wrong!)
Yet when we are looking at the volumes and the levels at which
INTC is traded, it looks far from an stock that has been down-graded!

Some of the analysts are giving INTC 12 months target price at 135!!!
What made you buy INTC? Why? Do you think it will rebound after the split?

Thank you in advacne for any inforamtion you can provide on INTC and
its future prospect.

Regards,

Yaacov
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