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

To: woody who wrote (59729)	7/11/1998 1:24:00 PM
From: fff	Read Replies (3) \| Respond to of 186894

Since intel did not warn and the stock is moving up, there is a good chance that they will beat lowered earning estimates by 1-2 cents. Following is my guess: Monday, stock may dip due to Amat. Bargain hunters will pick it up. tues maybe some jitters but the stock will move up into earning release as shorts will want to cover especially if INTC close to 80+. I think intel will be a good long term buy on Monday's dip. Short term (here - november) I do not see it going below 70-75. what do you think? Does anyone think intel will move down to 65 again? besides TK?