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Technology Stocks : Intel Corporation (INTC)
INTC 37.91-1.4%Nov 11 3:59 PM EST

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To: Mary Cluney who wrote (72896)2/4/1999 5:09:00 PM
From: Sonny  Read Replies (1) of 186894
 
That was a sound bloodbath today I guess; are we headed down to 75-90 range again, before we move to 200? I think both are likely; the downdraft looks first in the queue however. Any one knows any other oncoming news? Is it doing some grand acquisitions etc. in the near future? There was a talk/rumor once that it may acquire MRVC ? Any basis for that? I guess Fidelity, ML, SSB, Prudential all must have lightened up already on this baby- it gave them enough window around 140 ... and smaller houses are there now, who might be holding the bag for a while, no? Looks unlikely, but -8 bucks sucked-out of INTC in one day ... what to make of it? This can't be just based on the existing facts ... I suspect some major moves! Please enlighten - the genious folks on this board!

regards to all,
-/Sonny.
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