Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: Pullin-GS who wrote (66212)	10/11/1998 9:18:00 PM
From: Dale J.	Read Replies (2) of 186894

Pullin-GS: ReGiven that the year is winding down (tax loss selling, global market concerns, etc.) I don't expect we will be seeing recent highs above 92 in the near future. INTC started the year at about 70, Tax loss selling shouldn't be a problem for Intel. Also, we are mostly done with Pre-announcements, so I am looking for a near-term rally. But I agree with you its a mixed bag. Lower interest rates, but a global recession looms. I am looking for stronger INTC earnings, but weaker S & P earnings. Dale

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