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

To: RumKola who wrote (50092)	3/7/1998 4:36:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 186894

Does this mean that INTC earnings will go down? JDP, It means the analysts believe earnings will go down. Glenn

To: RumKola who wrote (50092)	3/7/1998 5:18:00 PM
From: Tony Wang	Read Replies (2) \| Respond to of 186894

This is got to be a buy opportunity for Intel in the intermedialte term. The theme of this thread after a 3 point rally off the lows of Thursday is fear, doubt, worry and uncertainty. Sounds like the sentiment is rather bearish. And when sentiment is bearish the markets usually go up. (And vice-versa.) I think if we double - bottom at 75 again, and the market trades higher, it would be a good momentum play to the mid 80's. I think selling Intel now after all the bad news is out, and when it is 20 points off the recent high is not going to be too productive. The market has already priced in most of the fear and doubt and worry. My guess for the next month til earnings report, the range will be 74-84. Any comments?