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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 45.51+10.7%Jan 9 9:30 AM EST
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To: Sonny McWilliams who wrote (11456)10/15/1997 12:17:00 PM
From: W. Clinton Terry   of 27012
 
Sonny:

Glad you are feeling better. I am a little more relieved not only that Intel was gone up a few points, but that there has not been widespread losses in the other technicals, losses on some, yes, but nothing like what I thought might happen. I suppose it will take a few more days see the overall impact. H&Q just downgraded earnings as had several other houses this morning. Nevertheless, I believe that they still have a target of 110...although I could be wrong. It was certainly over 100. I do not know how realistic that is, by Decemeber. Cramer's article yesterday cautioning everyone to stay out of the Intel war zone made the additional point that people are passionate about their Intel. I am all in favor of passion, and I cannot invision a computing world without Intel, but reason has to prevail. I think Intel is a great company and that it will continue to roll forward, perhaps at a slightly lesser rate of growth. What is wrong with 20 percent, in any event?

Clinton

P.S. Though all of this I executed my first put option and made some money too...although the drop in my Intel took care of that profit and a considerable more too.
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