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Technology Stocks : Intel Corporation (INTC)
INTC 37.51-0.8%3:59 PM EST

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To: Burt Masnick who wrote (81523)5/25/1999 2:16:00 PM
From: Mark Lawrence   of 186894
 
Interesting point. I was listening to the radio on my way home from work yesterday. On one business report a technical analyst said INTC was bad under $55. HOWEVER, Ashok Kumar was interviewed on either Bloomberg or CBS in the NYC area, and he said INTC was a buy in the mid 50's. I've been following him for awhile, and he's really good compared to some of the others. Also, Painewebber put an $80 target on INTC. I think the negative is a way to shake out the nervous ones before the move up.
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