Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 48.80

+0.2%

2:47 PM EST

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To: Sonny McWilliams who wrote (22841)	2/21/1999 8:34:00 PM
From: Technician	Read Replies (1) of 27012

we may be nearing a bottom, but most tech stocks seem to be in a downtrend, INTC was unable to sustain its gains on Friday despite a strong NAZ market and no news. Monday we go in with two negative news items (AMD & FTC), a NAZ which has rallied 2 sessions with very poor results, even MSFT with a strong buy recommendation could move very little, it is likely that INTC will voilate the support at 122, then it would be a good buying op, since from there I see a tech rebound even if it is not sustained.

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