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


To: Tony Viola who wrote (65688)10/1/1998 1:53:00 PM
From: Ibexx  Read Replies (3) | Respond to of 186894
 
Tony,

My brokers told me there were lots of margin calls this morning, and this accounted for a bulk of the fanatic selling we saw in the past couple of days.

Another day or two we should be on our way.

Ibexx



To: Tony Viola who wrote (65688)10/2/1998 12:16:00 AM
From: John O'Neill  Read Replies (2) | Respond to of 186894
 
INTC is amazingly strong..I agree..I covered my short position in GE today and shorted DELL. I'm still wondering who's going to be buying the computers...Hell Gillette is having trouble with razor blades.

The Sept rally was concentrated on only a few stocks. The on balance volume was very poor....I'm looking for a lousy 4th quarter and poor 1999 results. The year 2000 bug will probably soak up a lot of $$.

INTC could be buy the rumor and sell the news...when do the earnings come out??