Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 37.81

-4.3%

Dec 12 9:30 AM EST

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To: dougjn who wrote (12989)	11/9/1997 7:46:00 PM
From: TechnoWiz	Read Replies (1) of 27012

I hear what you are saying, we really need to see how action plays out in the coming days to see what kind of a bottom will develop here. COMS looks particularly heavy, ugh! This may possibly due in part to consumer confusion over 56K standards and a reluctance to commit until things are standardised. On the other Qcom looks strong, is in a running upward rotational correction which is a very strong continuation pattern. This stock could break out sharply to the upside at any time. It has exhibited amazing resilience during recent aberration and almost completely ignored these problems. This could be under strong acquisition for a takover or merger perhaps. I've been stalking this one for months. rgds Tech

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