Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 40.16

-3.0%

3:56 PM EST

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To: Amy J who wrote (111919)	9/30/2000 4:33:54 PM
From: Gary Burton	of 186894

Amy--fwiw-My gut feel is that Barrett may well do just that this coming week (which is why Robbie put out the note on Fri am)--and that the comments will spark a vigorous rally in INTC's stock-which is VERY oversold short term based on momentum and is just itching for an excuse to rally --a la MSFT off the 60 level the first time around. MSFT then jumped 40% before starting the next wave down--My sense is that INTC is about due for that bounce and my hunch is that INTC is not going to stay silent till the mid Oct cc in view of the free fall in the stock. ---INTC may well be headed to 20's longer term who knows but it sure isn't likely to be in a straight line. I bought in on Fri solely for the bounce anticipation. We shall see.

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