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Technology Stocks : Intel Corporation (INTC)
INTC 48.80+5.0%Feb 2 3:59 PM EST

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To: Raymond Thomas who wrote ()9/2/1996 1:03:00 AM
From: MOS WIZE   of 186894
 
The question is how high, not how low. Bottom line is that you want to be in by the Q2-3 97 boom. If you are looking for a buying price within the next three months, that question is best answered after the Q3 earnings report is released. Chip prices are eroding, but INTC has a developing a substantial non-chip biz. If growth is greater than 10% then the non-chip biz is pulling its weight, if not then wait for a dip between Sept. and Jan 1. If the interest rate thing happens and the instititions freak out INTC may drop to 76. Personally, I don't believe your going to see any major dip that says BUY NOW. It's just not that type of market. My info comes second hand from a securities analyst friend who has never let me down.
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