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Technology Stocks : Intel Corporation (INTC)

INTC 41.41

+2.2%

Dec 5 3:59 PM EST

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To: Ibexx who wrote (59221)	7/2/1998 12:29:00 AM
From: Paul Engel	Read Replies (1) of 186894

Ibexx - Re: "After all, IBM got by (nicely) for years with flat or diminishing revenues and aggressive trimmings." I beg to differ. IBM set a high of around $170 in 1987 (uncorrected for splits). As they spiraled downward, their stock sunk to about $47 (uncorrected) until Lou Gerstner took over - in 1993/1994. IBM didn't recover to their 1987 high until around 1997 - a 10 year hiatus for the stock. Paul

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