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

To: Jay who wrote (41485)	12/4/1997 10:13:00 PM
From: DownSouth	Respond to of 186894

>I think the biggest problem is that the momentum players have all dumped the stock and they're not coming back soon. Sure they will. At some point, when the anal-ysts believe they have beaten the price down to the bargain basement, they will find some reason to yell "BUY!" and "target" the price at $110 (for example), then they will sell at $109 and figure out how to do it again. That is what they do!!! Look at what they did to SUNW over the past few weeks. They beat it down from the fifties to the low thirties, calling it "dead money", then suddenly it was "the investment of the year" and its headed back up again. That is what they do!!!