Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 39.50

-3.1%

Dec 11 3:59 PM EST

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To: Uncle Frank who wrote (67480)	10/28/1998 7:20:00 PM
From: Road Walker	Read Replies (1) of 186894

Uncle Frank, re: INTC chart pattern or direction The direction isn't in the chart, the the recent pattern sure seems to be transperant. JMHO, but I'll repeat what I said a few weeks ago, Intel looks to be a STRONG BUY right now (relative to the overall market). Trading and some positioning is still driving the daily price, but changing fundamentals will push Intel higher as we more towards 4th quarter earnings release. Again, RELATIVE TO THE OVERALL MARKET. IF market sentiment remains the same (or gets better), I would guess new highs in December, if not before. Out on a limb, John

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