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Technology Stocks : Intel Corporation (INTC)
INTC 45.07-17.0%3:59 PM EST
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To: Terje Oseberg who wrote (2099)7/10/1996 8:09:00 PM
From: Bernard Newman   of 186894
 
Terje,

While it's true that INTC has held up relatively well during the TECH sell off and IS up 50% since Jan 1, it has gone NO WHERE since last summer's high of 78. Perhaps it did have a "silent" sell off over time since it didn't have the "second leg up" that most of the debacle stocks had. Also, you should note that the tech stocks that got battered were either high fliers to begin with (smaller stocks) or were related to APPLE which is going the way of the BETAMAX (better initial technology, but got creamed by another format in the market).

While I would never tell anyone what to do with their money, I believe shorting INTC is like playin' with fire. Sooner or later that fire is gonna rage out of control and your losses can become unlimited.
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