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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: Miles Tailor who wrote (8118)1/14/1997 4:38:00 PM
From: Barry Grossman   of 186894
 
On the contrary, there is nothing wrong with a repeat of the 4thQ.

Did you already forget they just earned 1.9B - more than any other company including "the world's (formerly)most profitable company" GE?

And margins expected to be flat or slighly lower. They were 63% compared to 57% last quarter. Nothing wrong with continuing those margins.

They are well on the way to at least 9/share for 97. 20 x 9 = 180

The whole market will take the news extremely positively tomorrow and I expect that tomorrow may set an all time volume record and many new highs.

Short covering tomorrow am will be unbelievable.

bg
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