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Technology Stocks : Intel Corporation (INTC)
INTC 43.48+8.6%Dec 2 3:59 PM EST
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To: TTOSBT who wrote (60025)7/14/1998 11:04:00 AM
From: Ibexx  Read Replies (1) of 186894
 
Thread,

INTC fell more than $1 despite relative favorable outlook.

My take: the big guns are sitting on the sidelines, fingers on the triggers.

Don't forget this is also the last leg of options expiration week--for institutions, most actions end on Wednesday, I am told--the MMs are trying hard to kill a couple more strikes (at $80, for instance) and praying that they can end the week at the max pain point ($75), which I don't think is likely.

Hold on and you will be rewarded.

Ibexx
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