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Technology Stocks : Intel Corporation (INTC)
INTC 37.89-0.1%3:59 PM EST

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To: Pigboy who wrote (61291)7/28/1998 5:15:00 AM
From: craig crawford  Read Replies (3) of 186894
 
>> I believe Kurlack recently said that he thought Intel was about to test the low 60s. This was right before its run up from 70 to 85, I believe. <<

Kurlack has made many comments about INTC and MU. Sometimes the stocks go against him in the short-term. He has called the fundamental business trends of the companies well though. Sometimes the market does it's own thing irrespective of the fundamentals.

Lest you forget, Kurlack originally got you out of INTC at 95 and it hasn't been back since. If Kurlack stays cautious/bearish on INTC and it breaks out to new highs I would consider him wrong.

I think the point is that Kurlack has basically tried to keep you away from stocks like INTC/MU for a while now, and they have done little to nothing. Only recently has INTC started to look rejuvenated and we'll see how long this rally lasts.
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