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Technology Stocks : Intel Corporation (INTC)
INTC 50.59+4.9%Feb 6 9:30 AM EST

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To: Michael Berkel who wrote (4139)10/14/1996 5:39:00 PM
From: Smart Investor   of 186894
 
How about quarter to quarter growth ? I am not too sure about next quarter's number will be good enough on a quarter-to-auarter basis. I am still convinced that the current picture is too rosy and we will have a correction of INTC. It is best to sell and lock in your profit, and wait to buy back later. Believe it or not, computer is still a cyclical business, and no company in a cyclical business commands a PE this high. Last September, eveybody thought that MU will keep going up.
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