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To: craig crawford who wrote (44164)	5/21/1998 5:30:00 PM
From: Paul Merriwether	Respond to of 176387

<< I keep hearing everyone say to wait until INTC hits 65 to buy it, like that is some kind of important level. Do you think that INTC will magically go where everyone expects it to go so everyone can get the price they want? Usually when the crowd consensus is to buy a stock at 65, the stock stops at 70. Or the stock goes to 60 and overshoots on the downside. Rarely does a stock settle in right where the crowd wants it to. Not long or short INTC, just an observation of what I have been hearing people say... >> Craig you are absolutely correct. intel @ 65 is a personal wish list item for me. I want to realy load up at that level. Like take a mortgage and buy intel. No guarantee that it won't overshoot to 45(hey, even if Kurlak is wrong they could have a new pentum bug). I just feel that its upside at that level is much higher than the downside. Could be wrong. Won't be the first time. best