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Technology Stocks : Intel Corporation (INTC)
INTC 46.47-4.5%Jan 30 9:30 AM EST

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To: jmac who wrote (7952)1/12/1997 9:03:00 PM
From: jaypeter   of 186894
 
It won't be quiet tomorrow and Tues. The focus will be on earnings and nothing else, barring any world catastrophe or alien invasion. I'm optimistic to the point that I have most everything hanging out there betting on a surprise EPS. INTC is not overpriced at this point. I think it will get over $9 FY97 easily. It seems that after every big run-up it pulls back 7-10 points until it makes another announcement to the positive. So buy the tops with puts while your waiting for your "buying opportunity".
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