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Technology Stocks : Intel Corporation (INTC)
INTC 35.81+0.2%Nov 25 3:59 PM EST

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To: John Meares who wrote (74095)2/20/1999 2:23:00 AM
From: nihil  Read Replies (1) of 186894
 
When will INTC get out of trading range --- Intel usually warns a month before the end of the quarter either way. If it doesn't warn, it means Intel thinks it okay, and this would be a reason to bid up the stock to a new high. If it warns of an overshoot, then the rise could be parabolic. If it makes a negative warning -- it seems unlikely now -- then it could drop to very old support -- even 95 or so. So what's likeliest? I think the middle way so far of on target growth. I buy at 124 and sell some at 130+ but don't count on me. I'm a long term holder of Cisco, Dell, and Intel, and only sell when I have almost certainty of a short term dip and buy when I think its bottomed out intermediate term.
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