INTC has performed very well in the last few months but it does seem to be at risk for testing that $65 price level again if the DOW/NASDAQ is weak in Sept.
INTC is near a support level now, but I think there will be concerns about profit warnings for the remainder of 98. The company has assured us that revenue looks goos, but I don't think the have said much about profit.
Check out July's insider sales..any word on August's insider sales..remember, this is a company that sells puts.
NameActionSharesTypePriceValue28-Jul-98YOFFIE DAVID BSold (S)100,000Common86.50 - 87.06$8,667,20028-Jul-98YOFFIE DAVID BExercised (M)100,000Common5.03 - 5.88-28-Jul-98YOFFIE DAVID BPlanned Sale (144)100,000Common-$8,675,00028-Jul-98MOORE GORDON EGave as Gift100,000 (i)Common--27-Jul-98MOORE GORDON EGave as Gift100,000 (i)Common--21-Jul-98KAPLAN SANFORD REVOCABLE TRUSTPlanned Sale (144)20,000Common-$1,670,00021-Jul-98MOORE GORDON ESold (S)250,000 (i)Common83.44 - 83.82$20,886,10021-Jul-98YU ALBERT YSold (S)10,000Common84.00$840,00021-Jul-98YU ALBERT YExercised (M)10,000Common3.67-21-Jul-98YU ALBERT YPlanned Sale (144)10,000Common-$840,00021-Jul-98KAPLAN SANFORDSold (S)20,000Common83.50$1,670,00017-Jul-98PARKER GERHARD HSold (S)40,000 (i)Common82.44 - 83.44$3,318,55017-Jul-98PARKER GERHARD HExercised (M)75,152 (i)Common3.67 - 5.83-17-Jul-98BRYANT ANDY DSold (S)20,000Common82.94 - 83.00$1,659,10016-Jul-98YOUNG CHARLES EDWARDSold (S)10,000Common83.74$837,40016-Jul-98YOUNG CHARLES EDWARDExercised (M)10,000Common25.69-16-Jul-98PALEVSKY MAXSold (S)11,900 (i)Common84.25$1,002,57516-Jul-98PALEVSKY MAXSold (S)11,900Common83.85$997,81514-Jul-98BRYANT ANDY DExercised (M)20,000Common11.23-30
Commments?? |
