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

To: Jim McMannis who wrote (63746)9/1/1998 4:08:00 PM
From: Dale J.  Read Replies (2) | Respond to of 186894
 
Jim, Ralph Acampora: Prudential Securities' chief technical analyst reiterates Dow Jones average target of 7400-7900 and 950-1010 on the S&P 500 index; believes the market is "very oversold" and a technical rally is overdue; however, recent rallies have been unimpressive and more selling into strength could occur.....

The market is up 300 and your buddy Ralph says the market is over sold and predicts a rally. Ralphy knows how to follow the market.
I think I might become a WS guru. I will wait and see what the market is doing tomorrow and then I will make a prediction.

BTW: Intel looked very strong +5. Ohhhh Yaaaaaaaaaaaaa

Dale



To: Jim McMannis who wrote (63746)9/1/1998 4:41:00 PM
From: Paul Engel  Read Replies (1) | Respond to of 186894
 
Jim - Re: "It's a good chip but Intel seems to be a bit confused on just what they want to do with it. "

Intel is selling a whole bunch of them for $200+ (333 MHz) and $149 (300 Mhz).

The $149 Celeron A will actually help boost ASPs, as it replaces the cheaper Celerons and older Pentium MMX devices.

I like that kind of confusion.

Paul


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