Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 47.14

-6.1%

Feb 10 3:59 PM EST

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To: vinod Khurana who wrote (33578)	10/2/1997 1:51:00 PM
From: vinod Khurana	of 186894

Intel shares hurt by rumors of weak Q3 is an excuse to drive this stock down. On a technical and fundamentals basis, investor euphoria has driven this stock beyond expectations. Institutions are selling short this stock to make money on the way down. The recent close below $95 several days in a row is clearly showing the stock is unable to support itself. Next short term trading range: $85 - $95. Gone are the days of $95 - $100. I will buy November call options when the stock falls to $85 and sell them when it strikes $95. Look out below !! V.K

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