Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.15

-0.6%

Dec 24 12:59 PM EST

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To: robert w fain who wrote (38788)	11/3/1997 4:12:00 PM
From: Joey Smith	Read Replies (1) of 186894

Robert, I think technical factors are holding the stock back. Intel recently has broken down badly in terms of technical indicators, and remember Intel got downgraded today. It may take a few weeks for the stock to recover. I am using this time to add to my position. All indications are for a good Christmas PC-selling season. I'm still lokking for a good end-of-the-year rally in Intel. joey

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