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Technology Stocks : INTC
INTC 38.16+2.5%Nov 7 9:30 AM EST
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To: Fred Fahmy who wrote (694)10/16/1997 9:21:00 AM
From: Jules B. Garfunkel   of 990
 
Thank you Fred,
It is always nice to receive favorable comments from those who's opinion you respect.

As for PTEC, I think that this quarter's earnings will be the last of their high R & D expenditures. I look for PTEC to have an easier path upward from here on in. Yes, it is nice to have the luxury of time
to wait for the "street" to catch up to your analysis. Fortunately for me, I already held a position in CSCO and was even able to add to it at 56, and in addition I loaded up on PTEC at 12 « during their respit.

Regards,
Jules
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