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Technology Stocks : Intel Corporation (INTC)
INTC 50.93+5.5%2:09 PM EST

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To: jack c rains who wrote (6573)12/17/1996 11:10:00 PM
From: jmac   of 186894
 
LIke a fool, I actually pay for a tech newsletter. They had mentioned a resistance on INtel at 126 5/8. It got to 126 3/8 and bounced great. They ahve been pretty good about getting in and out of intc, although not good ehough to tell me to get outof intc when it was at 137 and 141 1/4. They not expect intc to get to 137 in next two days with a retest of 141 1/4 after option expiration.

i sure hope that they are correct. i am long dec 130c and 135c at rather high prices.
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