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Technology Stocks : Intel Corporation (INTC)
INTC 37.91-1.4%3:59 PM EST
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To: Yaacov who wrote (95433)1/8/2000 10:57:00 AM
From: Steve Lee  Read Replies (3) of 186894
 
How has a stock that closed a year ago at 64 5/8 and closed yesterday at 82 gone nowhere?

you said "INTC int he past year has gone nowhere! We where we where last year!"

I make that a 27% gain

And the starting point of 64 5/8 exactly one year ago was at the top of a 13 week 65% run up (that's an annualised gain for those 13 weeks of 740%).

INTC has a tendency to sit around for a while and then run up substantially. My money (in the form of Feb 80 calls) says that we're about to see the run up.
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