INTEL SUPPORT GROUP - the sky is falling!!!! Message Board

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Technology Stocks : INTEL SUPPORT GROUP - the sky is falling!!!!

INTC 37.04

-6.2%

Nov 4 3:59 PM EST

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To: Burt Masnick who wrote (22)	3/15/1996 10:47:00 AM
From: Amir Desai	of 248

Please apply your own disclaimer to my response as well. Historically, INTC has traded up to a P//E level of 18 before correcting. Therefore, if the earnings are $5.50-$6.00 FOR 97, we might make a reasonable assumption to bail out on the stock if it reaches the 99-108 range. It is a bullish target, but I think INTC has a great shot because this is an election year with favorable interest rates fron Greenspan. Further, I believe true Windows NT growth will begin this summer and drive until year end helping push INTC to 100 bucks. Of course, if the market takes a correction greater than 4% or if one of the semi giants fades, all bets are off. Keep in mind, this is just one man's opinion of a sector that has been in a bear market since Sept 95'.

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