SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 38.19+0.1%11:34 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ibexx who wrote (71767)1/21/1999 5:45:00 PM
From: Ibexx  Read Replies (3) of 186894
 
Thread,

Below is from Ralph A.'s column dated 1/21/99:
______

"Recent favorites such as the Internet stocks appear to be under pressure and are expected to move lower. We recommend taking money out of these stocks and to rotate into the larger technology issues such as Compaq Computer (CPQ-48 1/4, is rated 'STRONG BUY' by Prudential Securities Research) ), Intel (INTC--138 1/4, is rated 'ACCUMULATE' by Prudential Securities Research) and Dell Computer (DELL-85 5/16, is rated 'STRONG BUY' by Prudential Securities Research)).

We caution our readers to expect more near term volatility with a downward bias, especially if the Internet stocks start coming apart. The near term support level on the DJIA is at 9087.72, its January 1999 intraday low. The secondary support zone is at 8676.03, its December, 1998 intraday low.

.....
Ibexx
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext