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To: craig crawford who wrote (7812)	3/4/1998 9:46:00 PM
From: Sowbug	Respond to of 27307

I can see 4 maybe if it turns out to be quite a bad day but 6 1/2? I agree. I sold March 70 calls today for $4 1/4 and hope to buy them back tomorrow for $0 7/8. I don't see much lower than that.

To: craig crawford who wrote (7812)	3/4/1998 9:47:00 PM
From: Keith J	Read Replies (2) \| Respond to of 27307

AOL was down about 4 in after hours today. Who knows what we'll see tomorrow. I don't follow INTC that closely. I was just posting what I read at the Motley Fool. Offhand, I'd think 4 things are contributing to INTC's warning. One is the dollar strength, which is probably hurting either overseas sales and/or margins. Two is inventory adjustments at the box makers. Three is increasing number of "low-end" computer sales, which are lower margin for INTC. And four is probably a slight demand reduction. But don't forget, 1st quarter is usually weak for INTC anyway. Sort of same thing for the DD makers. They say demand is strong, but there's inventory problems. KJ