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Technology Stocks : Intel Corporation (INTC)
INTC 50.59+4.9%Feb 6 4:00 PM EST

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To: jmac who wrote (9429)1/28/1997 9:09:00 PM
From: Autumn Henry   of 186894
 
Hi, jmac,

hope you are well. Did you know what they said happened today on the selling on CNBC?

They said that there was a rumor with the bonds that the figure reported today was wrong--that main report everyone was so nervous on-- and was going to be changed and that there was a huge hedge going to be selling tons of bonds and so that sent bond traders in a panic with the bonds which then triggered sell programs which crashed the market down till the rumors got straightened out (and the persons who wanted the market to go down) got out....:)

I went to buy at the end-- INTCW...and they wouldn't get me in (MM). Now this has happened before....(they sometimes get "too busy") and I must say last time it was because they ran the stock up (on the shorts accumulated at end of day?)....well I went to buy on instinet after market and it went up 3/4+ right away so tomorrow should be interesting.....BTW really INTCW has more volume and is up on close and that is up/up=bullish from a simplistic chart I keep.

So it will be interesting.

Take care.

Autumn
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