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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST

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To: Dale J. who wrote (58717)6/24/1998 11:45:00 PM
From: Raiders  Read Replies (1) of 186894
 
Some Thoughts on Intel

Intel as usual baffles investors . One day it is heading to $100 other
day it is heading towards $50. I have been watching Intel for about 10 years now. I will bring 1995 and 1996 into the picture. Everytime this stock splits the stock goes into a kind of a slumber where it will trade between a price range and do nothing. Right now the price range is $65 - $80. Semi's are still in the dump. But Internet stocks with high valuations are going nuts. Does this remind someone of June 1996? where IOM,PRST, AMTX,ANCR and others were being taken higher and higher. Then the crash happened from the blue. I see that the same effect is going to happen. This will take tech stocks down. Same thing happened in 1995. So coming back to Intel I think Kurlack is right Intel is right now in some short term trouble but eventually INtel is Intel it will go and do another split and all the longs will be happy.
But right now Buyers beware,.
PS:
I own Intel but i have held it for long time, that these short term gyrations of $20 -$30 points don't bother me. Please do not calling me
names and all that nonsense this is just my opinion. Like Clint Eastwood says:
"Opinions are like $$$$ everybody has one of them"
Good Luck to All
Raiders
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