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Technology Stocks : Intel Corporation (INTC)
INTC 48.80+5.0%Feb 2 3:59 PM EST
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To: Ira Perkins who wrote (8017)1/13/1997 4:50:00 PM
From: P.Prazeres   of 186894
 
266 by the end of the year is not in the cards, IMO.

I think that the short squeeze that was mentioned earlier may be especially noticable late tomorrow afternoon...maybe driving INTC close to 150. Then it is a crap shoot.

If we get a considerable gap on Wednesday morning...buying some puts on the high side of the gap may be an intersting strategy for a short term profit while some of the excess is then taken off the table.

Paulo
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