Stock Attack -- A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: The Jedi who wrote (14853)	8/23/1998 4:35:00 PM
From: Judy	Read Replies (4) of 42787

Kiri, INTC has been consolidating since Mar '97 in the channel between 67-97 and I'd expect it to rise to the upper channel on introduction of its new chips next week. It should trade with the market within this channel, a sustained breakout cannot occur unless INTC gives strong forward guidance. One can either believe what INTC says or believe Kurlack, I am long INTC for a trade. Long-term investors can buy anywhere in the interval 65-85 ... INTC grows like a step-function, accumulate on the plateau. Do you have a current position, or waiting to hit it from the top?

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