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Strategies & Market Trends : Tech Stock Options

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To: C.N.S. who wrote (15847)	7/23/1997 11:48:00 AM
From: Kevin	of 58727

>>>Sarcasm in the post aside, is whatever else that he is pointing to appear to be true ? What do you think that this bodes for INTC in a not-so-exuberant market ? What fair $ figure would you give to an INTC share ?<<< Shivu. Earlie is correct with his read on INTC IMO. Matter of fact, I liked his sarcastic approach...how couldn't he be sarcastic when everyone ignores what's staring them in the face? He sees it and I see it, but that doesn't matter. All of your neighbors are buying stock right now...even my brother-in-law and his friends were asking me about stocks over the weekend and they don't have a CLUE about stocks. So many people are fueling this market by buying stocks and mutual funds that it'll be hard to slow it down. In a not-so-exuberant market I think INTC would trade near $70-75. This is also supported by my MF read. However with current conditions I think it will trade b/t $85 & 95 with a pretty good shot of breaking out and reaching $105. Notice my empasis on 'would' and 'will' and you'll see which one I believe is more likely. Hope this helps.

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