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

To: Herschel Rubin who wrote (59168)	7/1/1998 11:15:00 AM
From: Francis Chow	Read Replies (2) \| Respond to of 186894

Kurlak's fickleness has always bothered me. I didn't see any fickleness this time around. Last week when Kurlak "hyped" the semis, if one actually listened to and read what the man said, he said long term investors might want to start building a position around December, and traders should hold off in the near term. You can make good money listening to Kurlak - if you ignore the entourage of spinners.

To: Herschel Rubin who wrote (59168)	7/1/1998 12:50:00 PM
From: Dale J.	Respond to of 186894

My question to you INTC pros (I've traded INTC before, but not right now) is: How much of Kurlak's prognosis about the semiconductor market is likely to be true? Herschel, It's tough to say. There are some problems with the semi stocks and Intel in particular. Some of what Kurlak says is not inherently sinister. There are some concerns with Intel (most notably AMD, Cyrix etc.), the short sellers have pointed out a few other concerns. I repurchased at 68. If everything looked rosy, I would not have got that price. After the July earnings from Intel and AMD we should have a much better picture. Dale