Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.76

-1.0%

10:26 AM EST

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To: Fred Fahmy who wrote (3045)	8/29/1996 11:15:00 PM
From: Fred Fahmy	of 186894

To all, Does anyone else view INTC's recent narrow trading range (i.e. 80-83) as a healthy consolidation before large volumes return (after Labor Day) and we head towards 90's??? Given the 50% increase in short positions from July to August, the stock has held up very well and is poised for further gains. If INTC meets or exceeds Q3 estimates and paints a good picture for Q4, I don't see how this stock can stay below 100 [or 50 post split ;)]. In addition to a strong 1st half of 1996 for PC sales and a promising 2nd half, the following new venture described below represents another huge potential for Pentium chips. biz.yahoo.com Enjoy, FF

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