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Technology Stocks : Intel Corporation (INTC)
INTC 34.61+0.8%9:45 AM EST

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To: Tony Viola who wrote (76627)3/17/1999 5:42:00 PM
From: Joey Smith  Read Replies (2) of 186894
 
Tony, I wouldn't worry too much about the late day selloff. The last few days I've noticed Intel has been trading higher on higher volume, then volume has been leveling off later in the day when Intel stalls and goes down a bit. I think there is still a lot of uncertainty and negative sentiment with techs right now which is holding Intel back. That's o.k.

However, I think the market has not fully realized the significance of the Intel/FTC settlement. based on what I read, this seems like a huge victory for Intel (not having to admit to being a monopoly) which will help them in their business dealings in the future (as well as with current litigation with Intergraph, etc.)

joey
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