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To: Petz who wrote (2949)12/17/1997 2:59:00 PM
From: Investor A  Read Replies (1) | Respond to of 6843
 
John,

INTC has been locked at 70 3/8 during the last 1 1/2 hours. Something is going to happen. My pick is that INTC might fall through 60 this Friday. AMD and NSM have crashed. It is the turn for INTC!



To: Petz who wrote (2949)12/17/1997 3:28:00 PM
From: greg nus  Read Replies (1) | Respond to of 6843
 
John P.. The market makers can't hold this Baby(It's an 800# gorilla).
All the ground previosly held is underwater.
Do the math 1.7billion * (104-70)$57.8 Billion loss in market capitalization. Intel fces two additional hurdles. One Portfolio window dressing sales as MM Won't want to show a big exposeure in thsi Baby on year end statements. Tax selling by the retail public in the final remaining trading days 97. Kurlack the Merril Lynch Warlock and High Priest of Church of Intel will have all the Grey hairs in Florida selling to reduce tax liabilities. Dec News letter's full of tax advice are just about to hit the mail boxes. Why hold it here when you can step over the dead Bull(Merril's mascot) that lays in front of you?