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


To: RetiredNow who wrote (52429)4/8/1998 2:11:00 PM
From: Jim McMannis  Respond to of 186894
 
Mindmeld,
I own no INTC per se, sold based on TA in the 90's yet I was chagrined to find out that it's owned in a fund I own. Was wondering why the fund took such a hit lately.
Yes, if the opportunity presents itself, I will buy Intel outright.
If the overall market really breaks down I'll look for a day Intel shows strength while the rest of the market shows weakness.
The 70 and 67 levels look ominous though...they get broken, Intel could sink much further. Right now, I'd say the odds are that that range will hold.
Jim