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Technology Stocks : Intel Corporation (INTC)
INTC 37.44-0.2%12:21 PM EST
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To: starpopper who wrote (49577)3/5/1998 7:30:00 AM
From: Tony Wang  Read Replies (2) of 186894
 
You are right. Some people on this thread have said they expect it
to open at $61, they are nuts. I think Intel is trading at 75 right
now. I think it will not get below 71. At which point it is a
longterm buy. Short-term the momentum is obviously going to be on the
downside with sellers showing up every little rally. Look, the market
has been rallying since 1/9/98; this is the correction we all in our
heart of hearts knew was coming.

Mandayka
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