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Politics : Idea Of The Day

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To: Jerry Olson who wrote (17876)	4/11/1998 2:14:00 AM
From: IQBAL LATIF	Read Replies (2) of 50167

OJ- You may be right on INTC but I go in the numbers very much long- come what it may be. I have been wrong on INTC last Oct but recovered with recent run-- I think every one wants to get in INTC at around 65 level I earnestly believe that we will not see that and if we don't see 65 we will not see 243 the last year low on SOX- however bad numbers in my opinion are very much expected by the market it is selling the rumour buying the news saw it in case of KLAC. I acknowledge your sound reasoning but I will still bank on formation of SOX similar to the kind of break I expected on SPX but SPX touched 850 before my big bhumbo finally landed. So may be \i am little ahead of time but I am sure techs are about to rally even if they touch 243.

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