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Sarmad

04/15/09 10:05 AM

#79181 RE: Sarmad #78999

bought 1/4 position in INTC @15.20. For short term trade.

Main reason bought now is Dow avg is turning up. Also it looks analysts will not trash Intel. The ones who I heard on CNBC (Joanne Feeny) was positive with price target of 18. The negative one (Berger) was only mildly so. Mostly concerned about cannibalization and business PC's.