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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST
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To: Tenchusatsu who wrote (67218)10/23/1998 10:37:00 AM
From: Jacob Snyder  Read Replies (3) of 186894
 
sold all my intc at 87 today, because:

1. I figure management knows what they're doing; they're selling.

2. I'm tired of watching the stock zoom to the high 80s, stall, and be back at 72 in a month.

3. I was very disappointed in the market's response to the latest earnings report. They surprised on the upside, something very few large companies are doing at the moment, at a time when the mood-of-the-month is euphoria, and they said all good things about the future, and we still can't break above 90.

4. caveat: given the past track record of my attempts to pick short-term highs and lows, expect the stock to be at 105 next week. vwg.(that's a very wry grin)
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