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Technology Stocks : Intel Corporation (INTC)
INTC 37.81-4.3%Dec 12 9:30 AM EST

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To: Ibexx who wrote (14165)3/15/1997 1:10:00 AM
From: margie   of 186894
 
Kim is long on Intel. It is one of two stocks he mentioned that he likes and he is cautious. In general he thinks the fundamentals for the bull market are still there, low inflation, moderate growth etc. He thinks we are in a trading range now but that corporate profitability will surprise on the upside in 97.
The two stocks he likes are United Technologies and Intel. He likes Intel. Thinks it is a very strong play, and one of the few companies, that while trading at a high PE (trailing), with it's earnings growth rate, the PE will fall below 20, below the S & P PE.
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