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Technology Stocks : Intel Corporation (INTC)
INTC 45.51+10.7%Jan 9 9:30 AM EST

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To: Paul Engel who wrote (10359)2/6/1997 1:41:00 PM
From: Grim Reaper   of 186894
 
GR Puts out STRONG BUY on INTEL.. This stock is short term oversold.Very few share PRU feelings for intel. The more prominent firms wrt technology stocks do not feel the same way..1997 will be the most exciting year yet for the company.This company is destined to be the most profitable and largest cap stock in America. BUY the DIPS.

A couple of quarters ago a female analyst at a firm i cannot remember (but a prominent firm) changed her rec on INTEL downward just before the earnings were released and INTEL sank for about two days..Just a couple of weeks ago this analyst was eating crow and now saying strong buy with the stock up 40 pts or more from her downgrade.

Moral....BUY the DIPS(INTC and MSFT)
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