INTEL FOR TECHNICIANS Message Board

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Technology Stocks : INTEL FOR TECHNICIANS

INTC 39.99

-0.4%

Oct 31 9:30 AM EST

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To: Chris who wrote (1478)	7/17/1997 10:11:00 AM
From: SpecialK	of 1513

To all, I am new to this thread and have just been reading many of these messages. I was very surprised at the strong upmove in INTC yesterday. I wanted to ask you if any of you thought yesterday's move was a climax top. There was so much volume (44 million). Somebody was selling but being patient and getting the most profit they could. You may think it was a breakout to a new high on heavy volume and now there is new support at the 80-82 level. I just wanted to get some impressions. I've been unfortunate to not have ever owned INTC but it seems like a very logical and somewhat safe pick, compared to smaller cap tech stocks. Thanks, Ketan

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