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

To: Jacob Snyder who wrote (57103)	6/4/1998 10:23:00 AM
From: Jacob Snyder	Read Replies (1) \| Respond to of 186894

Just tripled up at 67 1/8. No guts, no glory.eom

To: Jacob Snyder who wrote (57103)	6/4/1998 11:09:00 AM
From: Olu Emuleomo	Read Replies (1) \| Respond to of 186894

Considering doubling up this morning. Nibbled a bit last week at 74. Amid all the noise and confusion, here are some facts: 1. The semi industry will grow faster than most other industries long-term. 2. INTC is the world's best large semi company with a track record. IMHO, I think it is suicidal to avg down on INTC right now. This stock has been in a steady downtrend (with a few sucker rallies) since it peaked at $102 months ago. I did a 5 year chart of INTC and was surprised to see a classic head and shoulders formation. I wont be surprised to see it trade below $60 before the end of July. --Olu E.