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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 40.51-7.4%Dec 4 3:59 PM EST

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To: TechnoWiz who wrote (17816)2/25/1998 7:35:00 PM
From: Captain Jack   of 27012
 
Wiz--- I agree we surely do not want to see below 32. I think the 32+ range is possible soon. I even started getting ready at 33 3/4 but feel there is still some downside potential. Anything under 33 is a steal. At 34 we have a bargain,,,but the support at 33 needs tested. The DEC news of today indicates a little lower is possible also. Seems the warning is on the wall for them and that will effect CPQ.
At the 32 range it seems likely to fly up from there should it get that low. If just to 33 it will take longer to see 38 - 40 as too many will be unsure where the SOLID support is. IMO it is at 32 1/2-- like a cement floor. Actually hoping so as the truck is backed to the dock waiting to hit that range and load up for the summer <gggg>.
John
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