INTEL SUPPORT GROUP - the sky is falling!!!! Message Board

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Technology Stocks : INTEL SUPPORT GROUP - the sky is falling!!!!

INTC 37.04

-6.2%

3:59 PM EST

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To: Ira Vine who wrote (57)	5/21/1996 9:31:00 AM
From: olduser	of 248

Good logic, and it makes sense. I recall the first time I read about the divide 72 by the percentage of the growth (or interest) to get the number of months til something doubles. Good trick. I've did an excessive amount of trading in INTC last year, and paid the piper, taxwise. I've done a lot of asset shifting lately and have a large block in my self-managed IRA. I'm just 60, and don't see the need to tap my IRA funds for quite a while. It looks to me, and I'm just a guesser, that INTC is hung up in the present 70-71 range, maybe waiting for the next earnings report or some big news. Maybe a breather is needed, anyhow.

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