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

To: Mohan Marette who wrote (47275)2/5/1998 5:27:00 PM
From: Barry A. Watzman  Read Replies (4) | Respond to of 186894
 
Intel is up $17/share since 12/31/97, and it's been up 10 of the last 12 sessions. I was excited by seeing it at $90 today, and was disappointed to see it close at a loss, but given the performance, some plain, old fashion profit taking has to be expected. When the stock hit $90, it probably triggered a ton of good-till-cancelled stop orders that once activated remain active even if the stock subsequently falls back below $90.


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