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Technology Stocks : INTEL TRADER

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To: Jurgen Trautmann who wrote (2972)	6/2/1998 2:03:00 PM
From: Paul Corbett	Read Replies (1) of 11051

JT, what do you make of todays move above 69...does it indicate that it was oversold yesterday? My entry into INTC at 77 held for a while but I am behind now...dammit I think INTC is vulnerable to analyst downgrades more than any stock I know... The way I see the world economy is that there is a lot of cash going to the USA ...this is pushing up th $US...close to 140 Yen for example...but with the DOW at 9000 to 9100 it is not going into equities but staying in cash and pushing US rates down...we may see rates of 4 to 4.5% in US soon...how do you see it?

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