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Technology Stocks : Intel Corporation (INTC)
INTC 36.71+2.5%10:57 AM EST

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To: Ibexx who wrote (35086)10/13/1997 7:54:00 PM
From: Lazlo Pierce   of 186894
 
Ibexx<<Just like to mention that INTC had "no momentum" what-so-ever prior to its split on July 13.>>
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After reading this I checked Intel from Jul 1 thru earnings (10 trading days). On July 1 they were trading ~ 70 (post split price). During the next 10 days before earnings it traded up on 9 of them, ending the day before earnings @~81. So, it seems there was some momentum the few weeks leading to split and earnings on 7/16.

Dave
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