Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 46.47

-4.5%

Jan 30 9:30 AM EST

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To: jack c rains who wrote (7539)	1/7/1997 7:25:00 PM
From: jmac	of 186894

Hi Jack. Surprised to see you on the thread during daylight hours. I am glad you got back in this morning. Enjoy the ride, I am. 150 on the horizon--stock split or no stock split. I expect MOT earnings on Thursday nite to give chips a further boost on Friday as long as Friday morning's economic news is not negative for bonds. Wed and Thurs should be pretty uneventful as far as news goes and expect INTC to move forward with new highs. A short clarifiation if you would please. When you say INTC dipped and then came back through Monday's close, are you saying that INTC's open was a sufficient gap so that the two tick rule is what guided you in buying back in? I didn't think today's open was a sufficient enough gap to put your theory in play.

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