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Technology Stocks : Intel Corporation (INTC)
INTC 35.81+0.2%3:59 PM EST
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To: Paul Engel who wrote (52518)4/9/1998 4:13:00 PM
From: Harry Landsiedel  Read Replies (2) of 186894
 
Paul Engel- Re: "It would seem that too many people have concluded that Intel became the largest semiconductor manufacturer in the world, and one of the world's most profitable companies, by accident."

Here's a quote from a recent Louis Rukeyser's Wall St. According to Byron Wein, Morgan Stanley biggie, "I'm still very bullish on Intel... I'm a great believer in buying great companies and holding them. And you can't do that without experiencing periodic setbacks. Intel is going through a soft period here, but it still has the characteristic of being able to continuously regenerate its own product line. It hasn't had to catch up with other innovations, and that's a powerful asset. It think Intel is going to continue to be a good investment, and I don't think its p/e ratio is exorbitant."

Someone in the investment world gets it.

HL
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