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

To: Paul Engel who wrote (49749)	3/5/1998 1:55:00 PM
From: Dom B.	Read Replies (1) \| Respond to of 186894

Hello, SIR PAUL...trusting that you are well, not because a few K's have resurfaced, like Kumar and my "buddy"? albert...hehehe.. Re: Discreet Logic, Inc. - INTC purchased newly issued shares (more than 600K shares), I heard. What is your opinion, pls... thanks and take care...//dom

To: Paul Engel who wrote (49749)	3/5/1998 1:57:00 PM
From: LJM	Read Replies (4) \| Respond to of 186894

Micheal Murphy, who is editor of the California Technology Newsletter and Fund was interviewed on CNBC earlier. He is a buyer of INTC under 75 and a very heavy buyer under 72. He believes INTC will hit 120 by year end and that the inventory problems in the channel will sort themselves out by the end of Q2. Personally, I don't think much of Murphy as an analyst. His biotech picks have non-performed and his High tech picks seem to always be badly timed. Thought I'd pass along his remarks, anyways. For those of you technical analysts out there....what do you think of the current chart pattern. Bill Griffith thought it looked like a head and shoulders pattern forming? I'm not savvy enough technically to say, but curious what the pattern does indicate. I've been long since July 73 and will remain long, regardless. LJM