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

To: Darren who wrote (58782)6/25/1998 3:28:00 PM
From: Raiders  Read Replies (1) | Respond to of 186894
 
Darren,
I wish I was as optimistic as you are, but I am nervous about this stock. I am willing to hold INTC for as long as I feel it is the right thing to do, which I am doing currently. But the stock could not pierce the 100 day moving average . Instead it went the other day,from all the reports I read it was INTC which caused the reversal in tech stocks. (either it was profit taking or pure nervousness I could not tell. Need to approach this market with caution which I am doing. You maybe right but you can also be wrong. It does not make a difference as long as we all make money.
Regards.
Raiders



To: Darren who wrote (58782)6/26/1998 7:42:00 AM
From: Kealoha  Read Replies (1) | Respond to of 186894
 
Darin. re ...Has nothing to do with the company itself... you are right on. Too many on the thread do not take the overall market under consideration is their raves. With INTC up so much in a week people have to take profit. Especially at the end of a quarter. Money managers have to show profit too. What better way to add to their bottom line is to take INTC profits of the recent run up than to sell before 6/30.


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