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: Dale J. who wrote (66216)	10/11/1998 9:46:00 PM
From: Pullin-GS	Read Replies (1) of 186894

INTC started the year at about 70, Tax loss selling shouldn't be a problem for Intel. The year is not over yet. ;-) Also, we are mostly done with Pre-announcements, so I am looking for a near-term rally. Rally started already.....lets see if a follow-through on monday can take us to 87-88ish. Expect a rally earnings week. And depending on market reception, we could see a recovery at that point. But the bear is still out there.....70s could come again on a moment's notice. I'll most likely be building a position if lows present themselves again in preparation for a January-effect rally (and an end to the bear). To soon to say....but that would not surprise me....pure speculation on my part. Regards....

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