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Technology Stocks : Intel Corporation (INTC)
INTC 50.25+4.1%9:39 AM EST

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To: Kal who wrote (6822)12/24/1996 5:39:00 AM
From: zalesky   of 186894
 
To all: Today's action in Intel may be a response to a Rumor that
PC sales for this Christmas have been a little anemic. It is a
well known fact, however, that PC sales are only around 15-20%
of the market for the Chip makers. Corporate America, which
accounts for most of the remaining market, has and will continue
to upgrade their primitive systems in the near future. With
Intel running at full plant capacity the short/long term future for
this powerhouse couldn't look brighter. Christmas Eve is a
shortened session on Wall Street. After the positive PC story
is announced by Johnson Redbook tomorrow I expect a strong rebound
in all Chip makers by the close. See ya at 200!!!!!
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