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Technology Stocks : Intel Corporation (INTC)

INTC 47.76

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To: Kealoha who wrote (59507)	7/8/1998 3:14:00 PM
From: Ibexx	Read Replies (2) of 186894

Keoloha, I think today's rally is not issue-specific, with the exception of losers such as Rotomola (couldn't resist). I also think that there had been a lot of $$$ on the sidelines waiting to get in when a cue is given. The fact that MOT's bottom didn't completely fall out was one of those cues. Additionally, a number of analysts--including the unpopular R. Chaplinsky of H&Q--declared yesterday that the semi-sector had put in a bottom. Just my 2 cents. Ibexx

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