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.

Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: FuzzFace who wrote (43668)	1/16/1998 5:15:00 PM
From: Rocky Reid	Read Replies (2) \| Respond to of 58324

>>Rock, how are your 'charts' looking on INTC? Can you see the bottom yet? << We bottomed out last week. If you invested in INTC a year ago, you are just about breaking even. One year is a long time for such a high quality company to have its stock price not appreciate. That is why I like INTC right now. It's fundamentals have caught up with its price, and its PE is below 20. Its earnings were very good, despite foward statements warning that next Q sales could be flat. I look for INTC share price to rise 25% within 2 months. Remember, the current INTC share price already accounts for bad news.

To: FuzzFace who wrote (43668)	1/16/1998 5:26:00 PM
From: Tony B	Respond to of 58324

OT: INTC Market maker sure had his way today. Rather than decide whether to let the Jan 75 Calls or Puts expire worthless (42451 Calls & 43324 Puts), he kept INTC as close to 75 as possible today so they would BOTH expire "worthless". Neither put or call was being bid at close with INTC at 74 13/16. My instinct tells me that more effort was put into holding the price above 75 so that all the pre-earnings put buyers would get nothing. Next week may see a retest of 70. Just my opinion. Good Luck TB