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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: Intel Trader who wrote (1563)	12/17/1997 11:25:00 PM
From: Joey Smith	Read Replies (1) \| Respond to of 11051

Hey IT, looks like the Grinch stole Intel's Christmas. Year-over-year, Intel has basically been a wash. I think the low is near, and 1998 should be a much better year with PII becoming a bigger part of the mix and Merced just around the bend. I'm not even considering selling until Intel hits $120. The key is to get all the downgrades/lowered estimates out of the way. No big money will come into the stock until thsi is done. With some 98 estimates of $3.50-$3.75, I think we are close if not there already. I'll probably pick up some leaps if it stays in the 60s. joey