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Politics : Idea Of The Day

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To: dave katragadda who wrote (21498)	11/19/1998 3:25:00 AM
From: IQBAL LATIF	Read Replies (3) of 50167

INTC- I have brought single handedly taken Mr Kurlack to launderers on semis and INTC, on SI INTC TXN were shunned as stocks with leporsy, when I made my call 110 INTC soon after earnings I received a private message Ike no one proposes more trades than you on SI why the hell you want to issue new calls at these levels you can sit back and relax with IBM at 111 and INTC at 65-- reiterated buy at thast level when Kurlack was telling every one it goes to 50's.. now in my opinion INTC is in break out pattern and I would think that looking at Taiwan and South Korea where I made this observation that SOX and these markets have corelation I would think I will see INTC at 130 level by March I expect a split in INTC and IBM soon-- SOX 330 is my major resistance if that is taken out as I have said many a times that nothing between 330 and 370 like my 1130 levels my magic levels will be hit and if those are hit I will revise my targets right now I am a seller at 282 and a buyer at these levels- please keep my exit levels always in mind..Ray number I will send you in a PM..

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