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Technology Stocks : INTEL FOR TECHNICIANS
INTC 37.22-0.3%10:59 AM EST

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To: Road Walker who wrote (1401)6/12/1997 1:07:00 PM
From: PrettyBoy   of 1513
 
<<One good counter indicator that the tech doldrums may be close to ending is that
sentiment, both by analyst's and folks on the BB's, is VERY negative.>>

Perhaps, but I'm pretty darn confused about how these stocks have maintained
such strength in the midst of the bad news. I am quite aware that it
could be the "bad news is out," theory, but the Nasdaq is trading at all time
highs...??? My feeling is that the networkers were hit, the dd makers were hit,
now it's time for semi's to be hit (again)...it's an endless cycle.

And the DOW...DON'T EVEN GET ME STARTED!!!

Does anybody else see INTC making a move to about $130 after options expiry?

Regards,

PB
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