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Technology Stocks : Intel Corporation (INTC)
INTC 46.47-4.5%Jan 30 9:30 AM EST

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To: Paul Dieterich who wrote (23735)6/3/1997 4:42:00 PM
From: williet   of 186894
 
I expect analysists upgrades tommorrow or the next day. The houses have been able to accumulate enough for another healthy profit in the next three months. Thus, the upgrades will come and we will be off to the races again. This little blip was a mere move by the MM's to accumulate more INTEL before the price got past them. Even INTEL Corp. must accumulate on the open market for their own pockets and the employees at Christmas time. This was pure and simple market manipulation by both Intel and the MM's.
I heard today that all the bad news is out about INTEL, thus we can only look for positive news in the future. It is certainly funny that this news was so well timed prior to the split on June 10. IMHO Andy G. knows how to manuver the markets to his and INTEL corp. needs, and I certianly don't know that this is so evil. Andy G. does not lie as some other executives in other companies do, and he does reward superiority and loyalty as he should. This blip on the chart will look funny in one month. I hope someone archives my post for a replay in six months. INTEL below 150 is simply absurd and will not last over one more day.
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