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

To: Barry A. Watzman who wrote (49498)	3/4/1998 10:09:00 PM
From: Jay	Read Replies (2) \| Respond to of 186894

Barry Re "I think we will see 60" If so, why ride the stock down?

To: Barry A. Watzman who wrote (49498)	3/4/1998 11:11:00 PM
From: Bald Man from Mars	Read Replies (2) \| Respond to of 186894

<<If you are in short term options, or have deep margin, then I would probably agree that you are in deep doo-doo. All: you know I am an Intel bull, but I think we will see 60 before we see 80 again, and I think 40's is possible. For those of us with available resources, this could be the most tremendous buying opportunity. Merced is coming, Intel will still take over the world, I still think 200 by 2001, but it's going to be a rough 3 to 12 months.>> You know Intel carries a lot of weight in the high techs, which means if Intel goes down, the probability is very high that all the other dudes in my portfolio is going to go down. Even though I am not in deep doo-doo, but it is going to hurt ... I also think that we are going to see the 52 week low before we will see the 52 week high ... I think anytime you can get this for $50 or less, I would jump in, till then, need to protect my skin so as not to be toasted again. Do you know a good hospital that specialize in 3rd degree burnt treatment ...