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


To: Glenn Barrera who wrote (59464)7/7/1998 9:26:00 PM
From: Darren  Read Replies (1) | Respond to of 186894
 
Trial Member, meet 85.

MOT above revised expectations. As the bell-weather (really, they were once), I am pretty sure we can expect some hot moving chip stocks in the next week or two. ALTR, XLNX, MRVC, MXIM, VTSS and the suppliers NVLS, AMAT. INTC's move forward will be violent. This was just a teaser...



To: Glenn Barrera who wrote (59464)7/7/1998 10:28:00 PM
From: Dale J.  Respond to of 186894
 
Why would anyone cover shorts tommorrow? Earnings are coming out next week! As for follow thru tommorow, take a look at the past five days and see how well intc supports 75!

Glenn,

In a word. Momentum. Near the close of today there was a undeniably sharp reversal of the chip stocks. If it continues, you can expect a short squeeze early tomorrow.

Dale



To: Glenn Barrera who wrote (59464)7/7/1998 11:26:00 PM
From: TTOSBT  Respond to of 186894
 
Re: "Why would anyone cover shorts tommorrow?"

To save some money?

TTOSBT