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

To: Ibexx who wrote (47798)	2/13/1998 3:38:00 PM
From: Sonny McWilliams	Read Replies (2) \| Respond to of 186894

Ibexx. Intcw and market at 9100 to 10000. Thanks for info on Intcw in IRA. I knew I could not add money to convert. I thought of selling enough warrants to convert to the stock. I guess I'll better start in early March. I would hate to miss some upside in the warrants if the market goes up the way I just heard. I don't prescribe to all the following, just passing along what I heard by some on CNBC. Joe Granville said the Dow will go to 9500 by May. And then the Elliot wave follower Jerry Favors came on and said that his chart shows that the DOW could go up in a rapid pace to 9100 as soon as in a month. But at least by May. A fast move like this could propel the Dow to 9500/10000 before it will be over later this year. His( Gann?) chart shows an up move of 15 to 16 years from the beginning of a bull market. Starting in Aug. 82 would make it possibly July 98. So that is the reason that this move, in his words, will be a whopper. Well, what ya all think about those predictions? Shall we stay in the market? gg Sonny Oops, I hope the conversion date is not in FEB. I thought it was March. Better check this one quick. BTW, Coms shipped state of the art 56 K today. I guess that's why it is up.