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Technology Stocks : Intel Corporation (INTC)
INTC 50.59+4.9%Feb 6 9:30 AM EST

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To: Jerry Ginz who wrote (33714)10/3/1997 12:15:00 PM
From: Richard Tuck   of 186894
 
Jerry,

I can't understand why anyone would think that the Worth magazine profile on Intel would make a difference. Large stocks are too widely held and analyzed to get much if any bump from a profile piece in a magazine. Unless the piece has new news that means substantial upside for the stock, nothing is going to happen. I assure you even without looking, that the Worth piece has no new information of substance. Business Week has a section where it profiles small companies with a promising future. This can cause those stocks to go up because this news is new to a lot of people who probably weren't aware of the stock before. INTC hardly fits that mold and the projected price of $105 is hardly exciting enough to cause anyone to rush out and buy the stock.

Right now, the 3Q shortfall rumors are dominating INTC's actions and I don't see anything until 10/14 to alter the situation. Expect to be disappointed until then.

Richard
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