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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: margaret tasset who wrote (14087)	12/6/1997 8:57:00 PM
From: JPR	Read Replies (3) \| Respond to of 27012

Margaret: The following message was given to me by a friend 1: Short interest in Intel Corp has increased by 4.2 mil shares to 36.6 mill shares. Short sellers are hoping that the company's earnings will be restrained. Bill Fleckenstein of Fleckenstein Capital hopes that INTC will bottom out to $60.00 per share. He is understood to have said that INTEL was late in understanding the importance of $1000 PC trend. 2:Ashok Kumar, an analyst at Loewenbaum & Co. In Austin Texas commented, it seems, that , "you do not want to short a low-expectation stock". Ashok feels that the Intel performance won't be stellar in 1998, but will bounce back in 1999. We must be gluttons for bad news Paul