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Technology Stocks : Intel Corporation (INTC)
INTC 35.81+0.2%Nov 25 3:59 PM EST

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To: Thomas J Pittman who wrote (52719)4/11/1998 2:19:00 AM
From: carl a. mehr  Read Replies (5) of 186894
 
I used to laugh at Michael Murphy's predictions, but no more. In July 1995 he sure was right about techstocks when he said sell! My portfolio was sky high at that time, but it proceeded to tank to about 35% of its high.
(Please don't cry, it still became a 23% gain for the year).

It was kind of reminiscent to the dive I experienced in fall of 97. Murphy sure called it correctly in July 95 (See IBD, but I don't have the date). So I guess we buy more Intel, but my pockets are empty.

regards,
brave humble carl
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