Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.66

+1.3%

Dec 29 3:59 PM EST

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To: Jeff Kirk who wrote (38918)	11/4/1997 10:30:00 PM
From: Rational	Read Replies (2) of 186894

I did one more study of the tick sizes today. When the price peaked 79 1/2, there was a rapid sequence of sell orders for 1000 shares each and the price began falling, then the mood changed. As more and more small sell orders came, the price fell further with a domino effect. It should be the work of short-sellers. The large blocks I mentioned in an earlier post may have been even buys. In conclusion, today's price movements may not stem from fundamentals. Sankar

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