Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 36.78

+2.7%

Nov 26 3:59 PM EST

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To: TechnoWiz who wrote (13636)	11/26/1997 2:57:00 PM
From: Sonki	Read Replies (1) of 27012

i m ready to sell T ...strong buy on it now. My y2k on T have much more then doubled in last few months. perhaps i can dump in jan.98. AT&T Corp. (T) 56 +1/2: Sands Brothers initiates coverage of major telecommunications company with a "strong buy" rating..... AT&T CORP. (T) 56 +1/2. Shares of telecommunication giant are again moving higher, this time because the company is planning to sell its paging unit with more than 1.2 million customers. According to a New York Times article, AT&T has decided to sell its paging unit for as much as $450 million. Since naming a new CEO, Michael Armstrong to replace outgoing chairman and CEO Robert Allen, the company has begun to conduct a self-examination of its various operating units, willing to discard non-core divisions in an effort to rebuild a leaner and more responsive corporation than in the past.. Given the need to react much more quickly in the fast changing world of telecommunications, investors have taken note and started to buyback AT&T shares. Accordingly, the stock has enjoyed a revival after underperforming the market the past two years when the stock traded above $60 a share. Since the injection of new blood into the executive suite, the stock has appreciated by 65% since mid-July, with much of the gains coming from September to the present, when the stock traded around $40 a share. briefing.com Chart

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