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To: Tony Wang who wrote (50100)3/7/1998 5:44:00 PM
From: RumKola  Read Replies (1) | Respond to of 186894
 
Tony

Think I'll stay on the sidelines for a while.

Although it has given VERY good profits over the last several years, I feel that the intermediate term doesn't offer commensurate returns.

INTC is a great company, and one with a future into the next century.

However, I think we can gain entry at a much better point than what we see now.

JDP



To: Tony Wang who wrote (50100)3/7/1998 6:27:00 PM
From: Kealoha  Respond to of 186894
 
Tony Wang (no relation to Wang (RIP) computers?) the INTC range you mentioned IMHO is very realistic until intc beats the 10% projected drop and is only really a 5% drop. The situation I mentioned a while back in Indonesia can be a real wild card. the place is ready to blow and will hurt the market in the short-term at least. All the CNN pictures of Indonesians "running amok" will create another "buying opportunity". Several folks are very correct (including Ibexx with his Barron's contra-indicator) that with techs out of favor now is the time to buy. The "exact" time is impossible but we are near that bottom +/-. only those with hind sight on SI can really show they bought at the bottom. My hat is off to intc short-term traders that make money.