Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.57

+4.8%

3:59 PM EST

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To: jmac who wrote (9511)	1/29/1997 5:33:00 PM
From: Autumn Henry	of 186894

Hi, Jmac, I think INTC will be going to a new all time high tomorrow. At 2:47 INTC just went up and kept going. Very different. My first thought after I noticed it was I wondered if there was going to be an announcement or upgrade or something cause sometimes that happens with all the people that know ahead of time get in the last part of the day before. It didn't have the total panic chart look that happens when there is mainly short covering. It seemed orderly and deliberate. Anyway it felt like something happened or was going to happen. Tomorrow barring anything bothersome we should see a new High in INTC. (knock on wood) The volume was 2 million more than yesterday from 7,300,000 to 9,200,000. The close today was a new high. Wonder how far up it will go...only about l point below the high set 5 trading days ago. Then we had the key reversal afternoon a week ago tomorrow aft......those sell programs.....Even so we seem to be getting closer to l60 than the l30 that was predicted on earnings day. ll trading days since earnings (feels like a lifetime doesn't it) High on Earnings Day --l47 7/8 Predictions it would then sink to l30 from some It may hit l60 tomorrow The thing I don't understand and will ask is why if money flow is so negative and the smart money is running out....then how the heck does it keep going up? Is all the dumb money buying? I just don't understand that. What say you? Autumn

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