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Technology Stocks : Intel Corporation (INTC)
INTC 48.26-0.7%Feb 5 3:59 PM EST

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To: Mike Harkness who wrote (6621)12/18/1996 9:35:00 PM
From: Joan Osland Graffius   of 186894
 
Hi Mike, >>Please give me your reasons to Short or Not to Short Intel. Can it really go to 175 without a major hiccup.

Who is going to take profits until it reaches $175, I don't think very many folks, unless we start getting some lowering of estimates or something that shakes the markets.

I have been walking the floors wondering how fast the folks will push it to $175, the low end of the censuses. I have been thinking about buying some more trading positions..and even going deep into margins.

BTW, one of the Motley Fools has a good discussion tonight on high tech growth over the next few years in one of their portofilo updates, and asked if the reader has though about buying some Intel. He though it was agood idea.

Joan
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