Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.76

+10.9%

Jan 28 3:59 PM EST

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To: KENNETH R SANDERS who wrote (3059)	8/28/1996 5:10:00 PM
From: still learning	of 186894

All, I'm not a chart reader, but I do follow the high-tech industry. Things appear to be slow in many quarters right now and I believe INTC will retrace some steps this Fall. It was oversold earlier this year and now has had a nice runup from the 50s and 60s to the low 80s, and may get some further gains to mid 80s this month. I generally do not trade in and out of stocks too often -- usually buy and hold -- because I've made all my mistakes trying to time trades. But I am beginning to think INTC is headed for a 10 point dip this Fall, dragged down by tech malaise and a tough comparable quarter last year. Anyone care to talk me out of selling as soon as it gets to 85?

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