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

To: Diamond Jim who wrote (60392)	7/15/1998 12:04:00 PM
From: The Vinman	Respond to of 186894

James, I went short CPQ at 34 1/2(if you look at CPQ thread, I called for a short at the open BEFORE the market opened today), haven't done a thing with INTC. Would like to see it closer to $85, the Street seemed to be pretty positive about the results. The one "problem" is I heard little about rev growth and a lot about managing inventories well. This is quit similiar to 3Com after last Q, ANALysts talked a lot about inventory, said little about rev growth, and after the stock traded up for a day or so, it eventually worked itself down, I see the same price action in INTC. Feel safe to hedge and short a little. Good Luck! Vinman