INTEL TRADER Message Board

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Technology Stocks : INTEL TRADER

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To: Jo_Bidou who wrote (4035)	9/18/1998 4:20:00 PM
From: Berney	Read Replies (1) of 11051

Claude, Nice Entry Looks like you got the low. Hope you make scads of money. CNBC announced a few minutes ago that it dropped on unconfirmed rumors that an unspecified, major brokerage house was spreading unsubstantiated statements that CAT sales are suffering. It's entertaining to watch. UK warns Big-Time today (the third DJIA stock -- 27 to go) and was up for the day. Brokerage house spreads a rumor on CAT and it loses almost 6% of it value. Funny game we play! But, I'm not unhappy to hold CAT over the weekend. It has a PE of less than 9, a projected growth rate of 10.6, a five year average PE of 11.6, a dividend yield of about 3%, and a monthly trend line support of 39. Do wish I'd waited a day, but any entry point in this area IMHO will be rewarded. BWDIK Berney

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