Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 38.16

+2.5%

Nov 7 3:59 PM EST

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To: Tony Viola who wrote (61322)	7/28/1998 9:12:00 PM
From: Ibexx	Read Replies (5) of 186894

Tony and thread, READ AT YOUR OWN RISK Ralph Acampora (prudential)'s Technical Outlook as of July 28 (before the Lewinsky meltdown): "The rotation in groups continues-the technology stocks are reemerging as this market's new leaders. Don't be tricked by the negative breadth-this problem will only effect some of the sectors, not all of them. " Investment Ideas Intel Corporation (INTC 86 1/16), is rated a fundamental buy by Prudential Securities Research Department, appears to be breaking out of a recent consolidation in June and suggests the resumption of it's major uptrend. Targets of $96 and then $103 appear achievable. Support on the stock is at $80 1/2 - 81 1/2. Resistance on the stock is at $95 5/8. Ibexx

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