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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: Fred Fahmy who wrote (9847)2/1/1997 11:31:00 PM
From: Jules B. Garfunkel   of 186894
 
Yes,.. Exactly Fred.
This was the same conclusions that I had come to.
Especially, "A look at their last earnings release showed a very disturbing trend. Their highest margins businesses are growing the least and their lowest margin business (service) is growing the most."

And it was this that I saw prior to IBM's earnings release, as well as other supporting doubts about IBM, that led me to buy Puts.
Jules
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