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To: Jules B. Garfunkel who wrote (830)	1/15/1998 5:30:00 PM
From: puborectalis	Read Replies (1) \| Respond to of 990

Jules,,welcome back to the thread,you're sorely missed..excellent rebuttal to the Anal-ysts and made easy to ,understand for us lay people. If Intel does $4 for this year then we are looking at a $80 stock which is sideways for the year.Seems it would be a good year to sell Calls considering the narrow trading range.Any thoughts-Stephen.

To: Jules B. Garfunkel who wrote (830)	1/18/1998 11:45:00 PM
From: Harry Landsiedel	Read Replies (1) \| Respond to of 990

Jules B. Garfunkel. Re: Intel earnings. Welcome back. You have been missed. Thank you so much for you excellent analysis of the recent earnings report. I had pretty much the same reaction as you did and was similarly disappointed at Andy Neff getting sucked in by the negative herd on Intel. I just keep reminding myself that long term the "market is a weighing machine" and short term it's like a casino. And that goes for IBM too. HL