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

To: BlueCrab who wrote (37375)	10/23/1997 12:53:00 PM
From: vinod Khurana	Respond to of 186894

Fund analyst boosts tech stocks...and likes INTC The author of a new book about mutual funds believes some technology stocks are good investments for the next four to five years. Michael Murphy, whose new book, "Every Investor's Guide to High Tech and Mutual Funds," said that despite Intel Corp.'s recent cautionary pronouncements about revenue growth, "Everywhere else we check we're finding the PC business is very strong and should remain strong for the next four quarters as worldwide the conversion to Windows 95 and Windows NT continues." Murphy also writes a technology stock newsletter and will be a speaker at a San Diego technology investor's forum next month. "Intel is very careful and always tells analysts what its customers are telling them," Murphy said in a statement promoting his appearance in November. He predicts Intel will announce "sometime in November" that its revenue projections will be better than earlier thought. By then, he said, the inventory adjustments will have been absorbed and the underlying strength of the overall PC market will prevail.