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Technology Stocks : Intel Corporation (INTC)
INTC 37.62-0.5%12:09 PM EST

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To: Mary Cluney who wrote (73221)2/9/1999 9:08:00 AM
From: Joseph Pareti   of 186894
 
does anybody have details on the Acampura's call?
I understand that he and McCabe predicted a short term correction
in the high-tech area. IMO Mary Meeker's call was a long due act of
common sense. Another chart analyst at CNBC concluded that
the dow could go back to the 7500-8000 range. Declines outnumbering advances is one of the arguments they use to warrant an impending
setback. Ron Insana asked if this correction is going to be more severe than last fall on the heels of rising rates and/or bias
towards higher rates. All this could mean more choppy trading
unless Intel preannounces again.
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