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Technology Stocks : Intel Corporation (INTC)
INTC 50.59+4.9%Feb 6 9:30 AM EST

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To: exhon2004 who wrote (6626)12/18/1996 10:52:00 PM
From: jmac   of 186894
 
For what it is worth, the newsletter i subscribe to has raised the target level for INTC. If you recall, they called the entry point at 126 5/8. They were looking for 137. With today's late action, they are now looking new highs before any new dip.

They are also looking for USRX to go to 87 1/2 amd IBM to 166 3/8 and perhaps the old all-time high of 177.

I'm staying long until, perhaps, the week before earnings announcement. INTC can't beat any expectations. They;ve been raised sooooo many times. But, the stock split gets you 10 more points so I am not quite sure if I'll get out right before earnings announcement.

From LUCKY--see you tomorrow evening.
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