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Technology Stocks : Intel Corporation (INTC)
INTC 36.82+1.5%Dec 19 9:30 AM EST
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To: wanna_bmw who wrote (151179)12/5/2001 3:40:52 PM
From: andreas_wonisch  Read Replies (1) of 186894
 
Wanna_bmw, Re: I just sold some of my INTC shares at $34.35.

Since INTC share price has surged more than 50% since the low I am curios what you (or others) think need to happen to justify the price? My wag is that a moderate upside surprise (read: higher end of guidance) for tomorrow's CC is already priced in. Unless Intel is very optimistic I think the stock is ready for a pullback. The entire market and especially the SOX seem very overbought to me.

Andreas

PS: Congratulations on your AMD trade. That was perfect timing.
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