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Technology Stocks : Intel Corporation (INTC)
INTC 36.08-3.2%Dec 17 3:59 PM EST

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To: Elmer who wrote (126358)1/31/2001 3:01:11 PM
From: Hightechhooper  Read Replies (1) of 186894
 
Elmer,

After a couple days the fed euphoria will wear off and the market will not be so inclinded to look out 6 months anymore. I think after the March earnings warnings we will be OK and then INTC can move into the 40's for a while. I am going to sell calls for the next couple of months whenever the price shoots up and then in April I will wait and see what INTC has to say about Q2.

Remember all those ANALysts that said "semi's don't rally on fed news they trade based on fundamentals, and the semi's will see new lows this summer...". Well, these turds will be coming out of the woodwork soon to dump on our parade. This time I am not going to let them hit me on the head!!

later,
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