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Strategies & Market Trends : Tech Stock Options
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To: tony sidhu who wrote (30707)12/10/1997 4:15:00 AM
From: Arik T.G.  Read Replies (1) of 58727
 
Hi Tony,

>>How low do you see INTC going down if it breaks 76.5.

Donno, a lot.
Around Q3 results I was engaged in a debate and stated my mind that INTC has no reason to trade over 80. This is one time when fundementals and T.A. agree.
What I saw in the report is the company saying around 90c for Q4, and that was before SEA problem.
I believe they'll issue a warning on Q4.

ATG
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