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Technology Stocks : Intel Corporation (INTC)

INTC 40.56

+10.2%

Nov 28 9:30 AM EST

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To: Joey Smith who wrote (58689)	6/24/1998 5:58:00 PM
From: Ibexx	Read Replies (1) of 186894

Joey and thread, The following are excerpts from Daily Technical Commentaries by the famed TA, Ralph Acampora of Prudential Sec and Wall Street Week, as of 6/24/98. Please read at your own risks: "Investment Ideas DELL $93 1/8 (rated a fundamental hold by Prudential Securities Research Department) Support: $ 76 -77 Resistance: $98 -99 Target price: $108, $119 CSCO $87 7/8 (rated a fundamental buy by Prudential Securities Research Department) Support: $81 -82 Resistance: None Target price: $97 LU $78 1/2 (rated a fundamental buy by Prudential Securities Research Department) Support: $66 - 67 Resistance: $79 Target price: $84, 92 TLAB $69 3/8 (rated a fundamental buy by Prudential Securities Research Department) Support: $72 -73 Resistance: $61 -62 Target price: $73, 80 INTC $75 1/4 (rated a fundamental buy by Prudential Securities Research Department) Support: $77 - 78 Resistance: $65 -66 Target price: $85 UIS $26 15/16 ( rated a fundamental buy by Prudential Securities Research Department) Support: $23 -24 Resistance: None Target price: $29, 32 MSFT $100 3/4 (Not fundamentally rated by Prudential Securities Research Department) Support: $93 - 94, $81 -82 Resistance: None Target price: $112 ......... General Electric ( GE - 88 1/8 ) which rated a fundamental buy by Prudential Securities Equity research , is breaking out of its most recent consolidation and appears poised for new highs. Potential now exists to $95 on a near-term basis. Initial support is now seen at $86. (Prudential Securities and/or its affilitates has managed or co-managed a public offering of securities and/or has performed investment banking or other services for General Electric.) Lucent Technologies (LU- 78 1/2 ) which is a rated a fundamental buy by Prudential Securities Equity research , is breaking out of its most recent consolidation and appears poised for new highs. Potential now exists to $84 and then $92. Initial support is now seen at $66 -67. ______ Ibexx

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