Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: The Jedi who wrote (14853)	8/23/1998 4:35:00 PM
From: Judy	Read Replies (4) \| Respond to of 42787

Kiri, INTC has been consolidating since Mar '97 in the channel between 67-97 and I'd expect it to rise to the upper channel on introduction of its new chips next week. It should trade with the market within this channel, a sustained breakout cannot occur unless INTC gives strong forward guidance. One can either believe what INTC says or believe Kurlack, I am long INTC for a trade. Long-term investors can buy anywhere in the interval 65-85 ... INTC grows like a step-function, accumulate on the plateau. Do you have a current position, or waiting to hit it from the top?