Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 46.48

-3.6%

3:59 PM EST

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To: Lan Gao who wrote (2912)	8/13/1996 1:29:00 PM
From: jim kelley	of 186894

In the news this morning, Fidelity is said to have increased its technology holding by about 1 % in June to about 3.8 %. A 1 % increase amounts to about 510 million dollars scattered among a number of technology stocks. This does not seem to be enough to account for the rise of Intel stock.However, I do not have the Fidelity numbers for July. The Fidelity high tech holding are about 1/3 the energy holdings. I am not sure why you think Fidelity is (partially) responsible for the Intel runup. Their holdings seem to be quite low still under Stansky.

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