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Technology Stocks : Intel Corporation (INTC)
INTC 37.53-2.1%2:37 PM EST

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To: John F. Dowd who wrote (96140)1/13/2000 8:01:00 PM
From: Danny  Read Replies (1) of 186894
 
Here is the reason why INTC is to reach 110-120 in short
term:

Over the past 4-5 years, INTC shares always had a great
upside run of 30-50% whenever it took out its previous
all-time high.

In summer 1996, INTC broke its then ATH of 20, the stock
went straight to 40 in 6 months.

In summer 1997, INTC broke its then ATH of 40, the stock
went to 50 in less than a month.

In late 1998, INTC broke its then ATH of 50, the stock
went to 70 by Jan of 1999.

In summer 1999, INTC broke its then ATH of 70, the stock
reached 90 in no time.

If INTC breaks 90 tomorrow, I expect it to reach 120
in no less than 3 months.

Danny
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