Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.26

-0.7%

3:59 PM EST

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To: Robert Hecht who wrote (6576)	12/18/1996 7:16:00 PM
From: jmac	of 186894

The newsletter had a target price of 137 as an out. They bought at 126 5/8 and have a sell order at 137. My guess is that they will exit the market at or near the open tomorrow as I expect to see INTC open higher than 136 in the am. As for the MM, it appears they can do whatever they want. The 14 point decline from INTC's highs in just a few days is evidence of their manipulation. However, I wouln't be surprised to see INTC close at 140 rather than 135. The smart money covered their short positions as INTC went down..

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