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


To: Mary Cluney who wrote (77716)4/5/1999 11:54:00 AM
From: Ram Seetharaman  Read Replies (4) | Respond to of 186894
 
I am happy of INTC is going up. Up 3+ today! But price momentum is something else, if Wall Street perceives INTC as not having earnings growth. I don't see a problem with $ 160 INTC by year end - but $ 200 INTC is a little too far fetched! It doesn't have the .com behing it.
Look at Yahoo - it is up $ 25+ today, crossed $ 204 today! I would hold on to INTC - as you say, their ways are mysterious! Street will dump INTC if they see an earnings problem, however.