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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 (9481)1/28/1997 10:23:00 PM
From: Fred Fahmy   of 186894
 
jmac,

I agree that INTC is going through a period of consolidation. Considering the sell off INTC has acted extremely strong with a continued upward bias. As soon as the NAZ can go up 10 and hold it, we should see INTC close in the mid 150's. All in all, I am very pleased with INTC's behavior and I am actually surprised that it has held up so well. A lot of shares have already traded between 152 and 155.

FF
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