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Technology Stocks : Intel Corporation (INTC)
INTC 46.20-5.1%3:24 PM EST

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To: Harry Landsiedel who wrote (3210)9/8/1996 8:39:00 PM
From: John Haestad   of 186894
 
... but Market Capitalization makes it a tough stock to expect much growth out of it at this point...

I admire Intel. Products, management, tech resources: all are wonderful. They make IBM & DEC look silly. Made tons & tons of cash on option trades with intel...

However, as far as a stock pick, Intels market cap of 75 billion or so is a technical barrier that bothers me. Not many companies around with caps that high, and I don't know if INTC can go much past this very easily. (They deserve to trade with a p/e of 23+ right now!)

I love Intel, but I'm afraid there "ain't no double left in 'em". Unless we see the DOW go to 10K, or the NAS go to 2K (possible but probable?)

Isn't GE the largest American Co with a cap of 120B or there abouts?? Not sure of this fact, and would love to see someone out there tell me I'm all wet on this.

I still own lots of stock & the 1999-80 leaps (calls), but otherwise I'm at the sidelines with them. Looking for some mid-cap stocks with great fundamentals like intc's (any suggs?)

Adios,

JH
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