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Technology Stocks : Intel Corporation (INTC)
INTC 48.23+2.3%3:59 PM EST

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To: robert w fain who wrote (8780)1/19/1997 11:46:00 PM
From: jack c rains   of 186894
 
Robert, TXN has been coming along in here okay recently - but much of what it will do depends on these earnings coming out first and then second how the overall markets will be doing at that time and thereafter. When the markets go down, they carry most all stocks down with them. The foregoing comment applies to Intel and the semiconductors as well. We are due for at least a pullback in the week following expiration week. But, I believe that a bigger correction will ultimately follow thereafter when IBM and the other major tech stocks have released their earnings. Good trading. Jack
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