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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%4:00 PM EST

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To: Ibexx who wrote (75258)4/18/2001 12:25:01 AM
From: Haim R. Branisteanu  Read Replies (2) of 99985
 
Ibexx you are again going on with your non-sense? INTC rose due to high short interest and the fact that they were able to put the rigth spin on the conference call.

Further INTC has a share buy plan in place after earnings release they can buy shares in the open market it does not take a genius brain to realize that INTC was out there to support their stock price ......... as soon as people noticed the upside frenzy began.

Just as simple.

Haim
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