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: Ryan M who wrote (7334)	1/5/1997 8:21:00 AM
From: chuckie	of 186894

141 is upside resistance, move through that level, higher high or higher low on Monday would all be really bullish. Intel filled a important technical gap in the 131-135 level. This stock is still vunerable, for example if a software firm comes out below expectations (like Microsoft or CA) Intel is very vunerable, any tech stock at or near a high is. But those vunerabilities are short term (1 month), looking out 3-6 months I think that 150 is not only achievable but highly probable, if you bought those 150s at the130 level last week, Congratulations, you are about to reap the rewards of options risk. Chuckie home.sprynet.com

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