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Technology Stocks : Intel Corporation (INTC)
INTC 35.81+0.2%Nov 25 3:59 PM EST

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To: Dom B. who wrote (30930)9/3/1997 1:26:00 AM
From: Barry Grossman   of 186894
 
Dom,

You are a gentleman and a scholar. Thanks for telling me about Ike.

I will get in touch with him.

Well, Dom, how do you see the rest of the week?

I think we'll see some volume buying that was missing today. Today I think we had "some" buyers and very few sellers, but tomorrow, I think some more buyers will show up trying to get in below 100 before they lose the chance. Take a look at the last time INTC pushed through 100 in Sept 96. After that it never looked back. I think we'll test the high quite soon. By the way, a strong dollar and lower long bond rates won't hurt either. Higher PE coming - along with higher earnings Q to Q for the next 2 years at least. JMHO.

Barry
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