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

To: JDN who wrote (75151)	3/2/1999 5:16:00 PM
From: wlheatmoon	Read Replies (2) \| Respond to of 186894

JDN, Analysts drive the market. That doesn't make it right, but it is true. I hate them, too. However, they also are given numbers from the company. You think they'd make up numbers. You really think INTC has no bad news? You think this recent tumble off its' high is manipulation? We're not talking Mr. PINK and Tava here. We're talking INTC. We're talking about big boys unloading. We're talking trouble. Personally, I sold INTC at 131. It's hovered between 122 and 137 after my sell. Again, I have no position in it, but I follow it to get a sentiment in the techs. Right now, the sentiment sucks and the bottom can't be felt yet. Of course, just my opinion. mike

To: JDN who wrote (75151)	3/2/1999 5:20:00 PM
From: wlheatmoon	Read Replies (2) \| Respond to of 186894

JDN, Another thing---even though INTC may not have come out and scream trouble, with all the recent pummeling taken by CPQ, DELL, HWP, IBM, MUEI, who do you think will suffer when there's trouble in PC arena? As far as I see it, INTC has problems unloading chips because PC market sucks. PIII will be a hurt. AMD is a hurt. INTC remains the big gorilla, but it is not invulnerable. mike