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Technology Stocks : Intel Corporation (INTC)
INTC 35.10+2.3%Nov 19 3:59 PM EST

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To: Lee Penick who wrote (42523)12/17/1997 6:06:00 PM
From: Paul Fiondella  Read Replies (1) of 186894
 
With Intel 70 to 71 (oops now 69 1/2) am I still short, long, or neutral.

Well I'm still short but only by a few thousand share and looking to cover on a the next major decline (assuming there is one soon).

I just can't stand any more profit this late in the year though. That holds me up from covering this close to January.

We still haven't got a good indication on how low the low end of the range is. The stock was headed down at the close and is behaving like it wants to go lower.

Today was the first close below 70 for the day in three tries.
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