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Technology Stocks : INTC

INTC 40.16

-2.9%

Oct 30 3:59 PM EDT

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To: Jules B. Garfunkel who wrote (939)	4/18/1999 4:47:00 PM
From: Harry Landsiedel	Read Replies (2) of 990

Jules. Re: "While I continue to believe, as strongly as ever, that IBM's quality of earnings are poor, and that Wall Street will eventually catch on to LG's game, I no longer have the fortitude to wait for other analysts and investors to see it the way I do." Are you sure? The tech correction underway may correct some of the errors the market has built into the valuations. It seems to me that if Fidelity Magellan's actions last week are any indication, fear of a PC slowdown or the Y2K spending freeze may be moving lots of money out of this sector. Your strategy may be on the brink of paying off. Just a thought. HL

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