Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 36.78

+2.7%

Nov 26 3:59 PM EST

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To: Dom B. who wrote (13815)	12/1/1997 11:48:00 PM
From: TechnoWiz	Read Replies (1) of 27012

Hello Dom: I had to chuckle a bit over your post tonite. Thanks for your revised remarks, I like your style! Re GNT, in view of current mkt strength I would look for it to try and stage a rally from somewhere between 28.5 and 30. It has quite a tight trading band so if and when it breaks back up over 30.5 or so it ought to rally up to 33 or so at least in the short term. Looks like 40 is providing stiff resistance to ATI, so I would expect some work backing and filling between 37 and 40 before it can take that level out. The structure looks ok as long as the price remains in this range. I would'nt want to get too negative on this issue as it could be prone to asset revaluation due to sector takeover activity. Any lower than the parameters outlined for either stock would have me worried. rgds Wiz

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