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

To: Elmer who wrote (61805)	8/4/1998 10:01:00 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 186894

Elmer, Everything you wanted to own but thought was too high priced. Jim

To: Elmer who wrote (61805)	8/4/1998 10:14:00 PM
From: John O'Neill	Read Replies (1) \| Respond to of 186894

I don't think we'll get a sharp decline at the open tomorrow. If we do, IMHO it will be followed by a short upturn. I see a small ralley or consolidation, then another 1,000 pts down for the Dow. How INTC will fare, I don't know. I have been holding puts as a hedge, but INTC has been strong so far. I don't own the stock. I expect a test of the $65 level before October...no big deal to long term holders. Comments?? JO