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Technology Stocks : Intel Corporation (INTC)
INTC 39.50-3.1%Dec 11 3:59 PM EST

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To: Tony Viola who wrote (14091)3/14/1997 7:36:00 PM
From: Joey Smith   of 186894
 
I don't know about the rest of you, but I'm ready to load
up the truck with some more INTC. I will first wait
and see if $138 holds. INTC is at critical support now.
If it doesn't hold then back to lower $130s. If I
see it break $140 on strong volume, then I'm in.
INTC's fundamentals way too strong, even with a successful
K6/M2. Based on low volume, it seems like the little guys
are getting scared and jumping ship, playing into the Big Money's
hands. Worst thing you can do is get nervous and sell. A month
from now, when Intel reports $2.20+, you'll be happy you held.
regards,
joey
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