Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: margaret tasset who wrote (13867)	12/3/1997 4:56:00 AM
From: TechnoWiz	Read Replies (1) \| Respond to of 27012

Hello Margaret: What is ATP? Unfortunately, I was very busy on a project today and had no time to post any warnings to hold off buying Intc for a day or two. You may recall the other day I mentioned that TXN was taking on a fairly GHASTLY appearance technically along with AMAT and INTC, that's why I was relieved about yesterdays rally. But Intel's inablity to even challenge the critical area of 82 I mentioned yesterday, its lack of followthrough and its misbehaviour today is troublesome, although I was encouraged by the flip up near the close. I'm not quite ready to write INTC off just yet, in fact I would view any recovery and especially a close or two back over 80 as potentially very bullish. It looks unlikely at the moment that this will occur, but the strong action in the Dow blue chips if it continues may be enough to drag the tech sector higher in some areas. The odds of Naz going to new highs anytime soon look remote just now. rgds Wiz