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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (26596)	9/8/2001 6:41:59 PM
From: James C. Mc Gowan	Read Replies (1) of 30051

INTC: it broke major support this week, a quadruple bottom break on P+F charts. Could this coincide with a major change in market's perception of value of INTC franchise, consistent with the noted technical superiority of some of upstart AMD's chips, and the potential value of AMD to say, IBM, or the HWP/CPQ model. DELL/INTC v. HWP/CPQ with IBM helping move away from MSFT dominance in some markets? Just some random musings. Short INTC looks good after any near term technical bounce here. James

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