Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.59

+4.9%

Feb 6 9:30 AM EST

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To: Barry Grossman who wrote (9554)	1/29/1997 11:29:00 PM
From: Mark Jahre	of 186894

Yes Barry, The RUT actually went down. The NASDAQ stocks didn't respond like the BIG CAPS. Intel, however, is a "bellweather" stock. It is as close to a DOW 30 stock as it gets. All day, if the market advanced, Intel was right there, putting on the points. And finished very strong ! If futures are up tomorrow morning, we should see a nice gap in Intel. Other tech stocks were down today. ASND, CSCO. CPQ did not participate in the rally ( great company). Looks like when the market goes up the money goes to the SAFE places, the big caps. The market is telling us that Intel is a safe place to park your money. It is the king of the tech sector and the principle NASDAQ stock. Earnings are coming in strong all week. So we know companies are making money. Then there's the threat of rising interest rates to ruin the party. Who will win, short term ? Major

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