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To: JustTradeEm who wrote (18378)	1/19/2001 12:16:04 AM
From: rx4pain	Respond to of 19374

Do you think INTC is increasing spending on equipment to build better products, possibly more efficiently? Slightly declining sales doesn't change the fact that its still gonna net about $15 Billion before any of these expenditures this year. Sounds to me like they are investing in their future. As for the chart, its bounced off of 30ish twice. Looks like next support is 25, if 30 doesn't hold. Rx I'm long and short INTC LEAPS. Long 2003 30s, Short 2003 70s.

To: JustTradeEm who wrote (18378)	1/19/2001 12:25:59 AM
From: brk	Respond to of 19374

Yes, I was thinking that you were looking at 25. I would probably look to go that route of it broke 30 today and I agree that it is a safe short (especially compared to some of the flaming cats that I held short today) <gg> The sharp cookies on this thread that can give you an in depth analysis seem to be absent tonight, but it doesn't look technically bearish to me. I'd probably tend to hold if it breaks 30, but be setting a tight stop to cover otherwise. Regards - b

To: JustTradeEm who wrote (18378)	1/19/2001 12:48:47 AM
From: DOUG H	Respond to of 19374

increasing capex forecast while lowering earnings forecast doesn't compute < to me at least > I think INTC's cap-x is a necessary retooling effort on their part to diversify product lines. I think they want a piece of the comm-IC market and processors for high end servers(DELL). IOW, they are investing in the future and the big $$ boys with their research departments know it. Believed it would break 30 and eventually visit 25 longer term .. The stock tested 30 and bounced right off it. On Balance Volume and Money flow took a marked turn for the better today indicating large investors were buying the stock today. I use these indicators to see if a move is "for real". askresearch.com Stochastics and Williams reversed as well. These are momentum indicators, I like to enter a stock when these have been pushed down and are reversing from lower levels but the stock would be a farly safe buy in here. $30 has been tested 5 times now and has held. Tough to see INTC going to $25 but this is the Nasdaq, a land where anything can happen. askresearch.com