Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 47.10

-4.4%

12:47 PM EST

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To: Ibexx who wrote (7013)	12/31/1996 4:56:00 PM
From: Ryan M	of 186894

I'm 17 years old and I just bought one(INTEL) INTC APR 150 CALL through my parent's account. I'd like to point out a whole myriad of things and then would appreciate any feedback intel enthusiasts have. I don't see Intel taking a dive at all. It is currently in a symmetrical triangle pattern which means we wait for a move out, either up or down, which would be significant. The thing to keep in mind is that there is a year end sell off which is driving Intel down. This locomotive though WILL pick up speed again in early 97 when those who are gloomers now realize that Intel has become a short-term bargain. Even the short term traders should get in on this one either at the end of friday or at the beginning of monday. With their new chip, high demand, alliances, and their sector leader stature, I see a continued uptrend into mid 97; even if we have to wait a number of days for it to regain intelligence :-P. Any comments would be appreciated. ~Ryan

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