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

To: Barry A. Watzman who wrote (49992)	3/6/1998 11:00:00 PM
From: FRANK G.	Read Replies (1) \| Respond to of 186894

I have been trading stocks for about 5 years now and I learned that you should never fall in love with a stock or company. I truly believe that Intel is probably one of the best companies in the world; but if you have a decent profit, there is no shame in taking it. Nobody ever went broke taking a profit. Taxes should never be a factor in a investment buy or sell. I'm not taking sides but Paul F. may have a point about taking a profit and staying on the sidelines for awhile. There are some good reasons for this: 1- There is still doubt about the full impact of Asia 2- Iraq can be jerking us around again, and this can come to a head by around the third week of March. 3- we are getting earnings warnings almost everyday from tech companies, usually after the bell so you can't react fast enough. 4-And I think this is the most important: The market is making new highs almost everyday. Something has to give sooner or later. As of today I am in cash, because I believe a big down turn is coming by the third or fourth week of March. This is just my opinion and I'm not trying to talk the market down. It just doesn't feel right now. Good luck and good trading to all. Frank G.