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Strategies & Market Trends : Stock Crashes
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To: Imran who wrote (170)12/11/1996 9:45:00 AM
From: Leo C. Bouchard   of 400
 
Imran,

I'm in somewhat of a dilemma. With a 56% profit in INTC in about 3 1/2 months and less than three weeks to go before the end of the year a can't get myself to sell. Also INTC has earnings of $4.65 per share and a P/E of 27.77. Not outrageous compared to some other stocks. I agree the market is over bought and we are going to get a correction. Its' awful hard to time it however. Any serious correction and I'm waiting to buy.
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