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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Stonehenge who wrote (86778)	8/11/1999 8:52:00 PM
From: Fred Fahmy	Read Replies (1) \| Respond to of 186894

Hi Stonehenge, <We are getting closer to triple digits again. Maybe we will get there before January considering the run up that will probably occur in the 4th qtr.> I still think you are being overly optimistic, but I wouldn't complain. My year end target remains in the 80's (as it has since January). If it finishes higher, that would be great. At this point, I think INTC and many other semi's have probably gotten a bit ahead of themselves (some like MU are absurdly overvalued). Of course, this doesn't mean I would sell INTC. I'm not in the habit of trying to time the market with my core holdings. Re: 4th quarter runnup Hopefully, history will repeat it with respect to a late Q4 run-up. Hopefully, history will NOT repeat itself with respect to a lousy October <gg>. At any rate, INTC's recent strength has been impressive and long overdue. INTC was a steal when it was recently in the 50's. FF