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Technology Stocks : Intel Corporation (INTC)
INTC 48.72+3.0%Jan 14 3:59 PM EST

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To: Paul Engel who wrote (65793)10/4/1998 11:55:00 AM
From: John O'Neill  Read Replies (1) of 186894
 
Paul,

I covered my short position (which you reccommeded) at $82 7/16 on Friday...a profit of about 3 1/2 pts. I'm looking to re-short it after earning are announced 10/13 if price is high & go for about 10 points.

I'm thinking we may get a big "head fake" rally to about 8400 or higher in the Dow before serious decline. If this happens, INTC is the leader in tech stocks now...what high do you speculate INTC would reach in such a rally??
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