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

To: TTOSBT who wrote (57064)	6/4/1998 12:38:00 AM
From: Lazlo Pierce	Read Replies (1) \| Respond to of 186894

TTOSBT, Instead of just being a cheerleader (I've read your posts), why don't you try to analyze things instead of blindly accepting it. I have been long Intel for a while (from 85 to Oct 87 right after Q3 '87 earnings report) when I sold, and have been trading it both long and short since. I've made some money and lost some, but have done a hell of alot better, then if I held straight thru. I did buy some Yr 2001 120 LEAPS today for just over 6. In the long run it'll do well. Short term, I think it'll be choppy and drifting lower. I also really didn't like the way that afterhours announcement was worded, nor the circumstances. I could be wrong, but I wouldn't short it here myself now. If it breaks over 71 in the next few days I might though. Good luck, remember it takes bulls AND bears to make a market! Dave