Intel at $200 Message Board

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Technology Stocks : Intel at $200

INTC 41.63

+0.3%

12:27 PM EDT

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To: yard_man who wrote (254)	2/7/1997 1:27:00 AM
From: Kevin OBrien	of 282

Barry, INTC has been moving in a narrow trend channel for some months and the current drop is only to the baseline. With the 50 day moving average still accelerating I don't expect a decline to be concerned about. It only reinforces my valuation. The Big One however is another matter. I do not believe we are quite into that country yet but I need to do further work on the yeild gaps, amongst other things, to give a measured opinion. These should be good times for traders who can enjoy the volatility of a heightened market. Kevin O'Brien

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