Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.59

+4.9%

Feb 6 9:30 AM EST

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To: Tony Viola who wrote (6384)	12/13/1996 4:30:00 PM
From: P.Prazeres	of 186894

Well, the last hour registered another steep selloff - of no surprise. I imagine that we will probably see the 128 area next week and possibly as low as 125. If we do get their, there is no question that these will be buying opportunites for calls and INTC for the continuation of the uptrend torward the earnings release. 141 should be taken out before the end of the year and I suspect that with the kind of momentum we saw earlier this week, Intel will probably trade near 150 before the January options expirations. My stadegy for the coming week - buying calls at 130 and again if we get close to 125 to 127. Paulo

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