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

To: VICTORIA GATE, MD who wrote (42770)	12/18/1997 4:59:00 PM
From: williet	Respond to of 186894

I stand corrected, if anyone has acces to charts look at January 2, 1997 this was the low point prior to the big move through February 2. The closing price on January was 65.125. I predict that because there is not reason for fund managers to purchase this stock prior to January 5, that we will drift around the 60's for the remainder of the month only to end at a low close to 65 on Friday January 2 with a gush of new money entering January 5. I would hope that by January 12 we would be back to the 80 range. I ask my fellow threaders, why would the big money want to commit prior to January 5??????????????? I am very dissappointed by this analysis but I think it very well may play itself out this way. williet