Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 40.56

+10.3%

12:59 PM EST

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To: Jeff Fox who wrote (28547)	8/6/1997 5:04:00 PM
From: Nostradamus	of 186894

Hello everybody, The traders world is having a ball. They see everything perfect around them. Low inflation. Lowere rates. Good company profits. The argument is if S&P is worth 23 PE, Intel my love, sweetheart (for some people it is) deserves more. And they think they desrve more 'cause they have a vision. A vision of greater fools. Nostradamus theory - there aren't many greater fools left in this market. The pigs are counting chicken before they are hatched. Microsoft is worth 180 bil. Intel is worth $175 bil. GE is worth 200+ bil. Nobody will sell. All will be happy. WRONG! Nostradamus revises his forecast. The crash will occur much before October. Mid September at the latest. Possibly by end of August. DOW down 25% by November. Nasdaq down by 40% by November. S&P Down by 28% by November. To market, to market all the well fed pigs. Have fun in the slaughter house! :-)

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