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Technology Stocks : Intel Corporation (INTC)
INTC 34.72-2.3%Nov 17 3:59 PM EST

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To: Diamond Jim who wrote (69857)12/14/1998 4:51:00 PM
From: Bill Jackson  Read Replies (2) of 186894
 
James, so you see a split in the offing? Well I think all the winter season chips are shipped now and spring slow down and this will bring a general slowdown to the overheated market so I think Intel will soon stabilize and then fall as spring comes along. It will earn but the market will drag it down and the lower ASP will decrease earnings.
But a good large correction has to come this late winter/spring.

Bill
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