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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%Nov 21 9:30 AM EST

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To: MR. PANAMA (I am a PLAYER) who wrote (45277)1/13/1998 6:41:00 PM
From: Bill Wexler  Read Replies (2) of 186894
 
I believe tomorrow (and the next few months) will be somewhat neutral.

I'm a very long term investor in INTC (since 1980, and I've been increasing my net position nearly every year). I consider the earnings news good but not great. Even though I have few doubts about Intel's coninued long-term success, I'm a bit skeptical that we'll see *huge* gains in the share price in the short-term. I would be thrilled if we could get up 10% more from this level by the end of 1998, before the next big cyclical upswing is expected.
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