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Technology Stocks : Intel Corporation (INTC)
INTC 50.57+4.8%Feb 6 3:59 PM EST
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To: Dom B. who wrote (33322)10/1/1997 10:07:00 AM
From: vinod Khurana   of 186894
 
Good morning all:

1. INTC will be back down to fill gap left this morning at $92 3/8
2. Longs beware. Earning below $0.92/share and the stock COULD tank
$5 - $10 within minutes.
3. -'ve publicity on INTC lately. Institutions are taking note. Only
small investors jumping in on the bandwagon.
4. The stock fails to break the resistance after five (5) attempts.
5. I see $85 very soon followed by drop to $80 and perhaps even $72.
6. Next year, we'll see a new high on INTC and that $120 mark everybody seems to be waiting for.

Good luck to all.

V.K

P.S Technical jargon as discussed by P. Engel and friends is irrelavant to the stock price. The discussion should be on business outlook....not fabrication processes etc...
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