Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

Nov 14 9:30 AM EST

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To: Thomas M. who wrote (47822)	2/17/1998 8:26:00 PM
From: Paul Fiondella	Read Replies (5) of 186894

Tom, I caught that Gabele report on CNBC It was bearish. He noted the insider selling took place at lower levels in relation to Intel's highs and thought it confirmed his analysis that Intel would not retest its highs successfully and the insiders knowing this had bailed out. Intel did make a try at 90 in this renewed bull rally and was unable to close above 88. If you check the chart it shows a failed test of the highs and a fairly classic peak. A peak lower than last year. Compare this to MSFT or CPQ. The whole tech sector stopped being the gogo dancer of this bull rally after that failed test. There have been plenty of opportunities for the Intel longs to get out with their shirts on. Unfortunately for the average investor following this one sided thread, what the real insiders are doing and what the Intel drumbeaters here are saying the average investor should be doing are at opposite ends of the spectrum. ======================================= My own feelings on Intel currently are neutral. I'm not buying nor shorting at these prices.

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