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Technology Stocks : Intel Corporation (INTC)
INTC 39.50-3.1%3:59 PM EST

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To: Ibexx who wrote (25250)6/26/1997 3:52:00 PM
From: Barry Grossman   of 186894
 
Ibexx,

Thanks for the url.

Re All professional(?) Analysts: I try to take their wisdom for what it's worth - not very much. I value my own opinion much more highly. along with some of this thread's astute contributors - you being one of them.

I don't think there will be an upside surprise this quarter. If there is, it would REALLY surprise me - probably with a lot of others - and you are right, that would propell us steeply upward. However, given the transition to the new products and the slowing down of the purchases of the old, I don't think the upside surprise is in the cards this quarter. I expect some movement after 7/1 because of the 7/14 split but I don't think we'll test the high until speculation about the 3Q numbers begins in September. My 2c. ICBW.

Barr y
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