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Technology Stocks : Intel Corporation (INTC)
INTC 35.75+3.6%Nov 24 3:59 PM EST
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To: f.simons who wrote (87854)9/6/1999 2:15:00 PM
From: t2  Read Replies (1) of 186894
 
Any predictions for this week? If the Nasdaq goes up 5%, i can see Intel go up 10%---or just touch the 100 level.
However, I will settle for 95. There appears to be lots of momentum with this stock. I can't imagine much short interest developing; instead i would expect to see continued short covering into this week.

Relatively low PE when compared to others in the sector along with having such a dominant position in the industry leads me to believe that Intel will continue to behave like an internet stock with minimal downside going into the end of the year.

Should be fun for the coming 6 months if one is a shareholder.
On second thought, it really doesn't matter how the stock does this week.

Good Luck to all
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