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Technology Stocks : Intel Corporation (INTC)
INTC 34.60-0.3%2:08 PM EST

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To: Paul Fiondella who wrote (74852)2/28/1999 3:04:00 PM
From: t2  Read Replies (1) of 186894
 
I am doing the same for Intel calls (bought them late Friday)---a few dollars bounce and I would be out of the calls and stay in the stock only. If we don't get a near term bounce---looking for the split or earnings to do it, especially since that anticipated earnings warning (some expect) is not going to materialize. If they don't warn, we could see big moves in the stock going into earnings---with all that short covering and momentum buyers(for split and earnings).

Notice the volume on Intel was very heavy on Friday, even beat out Dell. Hopefully the jittery ones have sold already and we would see a bounce.
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