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Technology Stocks : Intel Corporation (INTC)
INTC 37.91-1.4%Nov 11 3:59 PM EST

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To: Ibexx who wrote (61535)7/30/1998 6:30:00 PM
From: saju chacko  Read Replies (2) of 186894
 
here's more for all y'all...

INTC held above the old resistance very well today in spite of yesterday's testy end-of-the-day sell-off....

the next challenge for INTC is to get past 87 1/2... which comes from a peak that was set about 200 days ago.... i think it will easily pass this mark...

the catch then is when GSCO, HRZG, and MONT are going to finish doing their purchasing at this level.... all three came in at the end of the day tring to hold the price down....

they may be there tomorrow morning or simply try to open the stock lower tomorrow... either way... once they've bought what they need... INTC should continue its upward movement...

these are my opinions... they could be financially wrong....

Saju
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