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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: nihil who wrote (101201)3/20/2000 11:13:00 PM
From: Jim McMannis  Read Replies (1) | Respond to of 186894
 
RE:"IMO this would be an excellent time for a split, but we need to authorize about 6 billion more shares -- oh hell, make it 12 billion -- 6 billion for us and one each for every other person in world. Just produce "Intel" birth certificates."...

I've often wondered about this myself. How many shares are too many? OTOH, Intel sure looks like it's heading for another split...perhaps that will be Intels next rabbit out of the hat on the way to Willy.

As far as Intels chart pattern, by my TA overbought indicators, it is only moderately overbought. A surge to 145 or so in a short span (day or two) would be needed to push it to "must correct" territory.