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

To: moose who wrote (52246)	4/6/1998 10:50:00 PM
From: singletree	Respond to of 186894

Moose, Is Intel in your portfolio? Regards, John

To: moose who wrote (52246)	4/6/1998 11:28:00 PM
From: TTOSBT	Read Replies (1) \| Respond to of 186894

moose, Re: "I think we test 70, have a short bounce and than go to 65. This puppy is way overvalued and I think the market is finally realizing it!" Think again. Market is struggling REAL HARD to bring this baby down with all the negative's out in the open. No more negative surprises left. Market already has between a .68c-.71c priced in. The lower the price the more shares company can buy back. The more shares company buys back the lower PE gets not to mention putting a floor on stock price. Only thing market may be waiting for is see what DOJ does. That is the biggest weight on this stock right now. Intc followed Msft down due to negative news from DOJ. All the competition talk been going on for months. Today just a mention of another tech company getting hit harder by DOJ and look at reaction. That tells me market is worried more about DOJ than any of the competition. And it's getting weary and edgy with INTC. Usually when smart money starts looking. May not be time to buy yet, BUT WATCH YOUR SHORTS!!!! TTOSBT