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

To: MONACO who wrote (50427)	3/10/1998 5:51:00 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 186894

If the H $ S pattern is complete and the neckline is then broken to the downside it suggests much lower prices... I have formulas that calculate how low but haven't figured it for Intel yet... Jim

To: MONACO who wrote (50427)	3/10/1998 6:38:00 PM
From: Bob Kimball	Respond to of 186894

Monaco - you'll be looking at mid-to-high 30's. EOM

To: MONACO who wrote (50427)	3/11/1998 1:00:00 PM
From: Jeff Fox	Read Replies (1) \| Respond to of 186894

Monaco, re: "what is the theoretical next move after the chart completes the "head and shoulders"?" Good question. First I am not one of the TA dudes on this tread. Perhaps one of these will reply seriously to your question. I guess the h/s thing is to make pictures of little people in the history chart. If this is right then - hmmm - looks like a left shoulder was made in 1995. Perhaps this means we need a "right" shoulder at 30 bucks per share? Oh God, I hope not! I am a digital sort of guy and have often observed that the Intel chart resembles the digital signals on which it makes its business, sharp ups and downs with a little noise thrown in. I like this look better as it implies that we are looking to a sharp move back to 95. In fact I am a fundamentalist and believe that the stock price will reflect Intel's business performance. As to the here and now, this requires execution on three fronts: 1. Foremost - Excellent execution on the new PII server business 2. Standoff on the desktop - hold desktop share while keeping 50% margins. 3. Other business excellence - Make a success of networking, graphics and flash. Jeff