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


To: Judy who wrote (19781)3/4/1999 7:15:00 PM
From: Sonki  Respond to of 42787
 
judy,chris, intc up in aft hrs. do u think it will take a hit tomorrow?
here is a cc# and pwd. for you.

Intel Corp. (INTC) 113 3/8 -1 5/16: chip maker to acquire Level One Communications (LEVL 27 1/8 -5 1/4), a designer and developer
of integrated circuit products, for $2 2 bln in stock; Intel to issue 18.6 mln new shares and exchange 0.43 shares for each LEVL share;
conference call to begin at 5:15 ET 800-967-7814 user #639282; for replay call 888-567-0712.....

=========== more info
NEW YORK (Dow Jones)--After-market players bid up shares of Intel Corp. (INTC)
Thursday to 115 3/4, above their Nasdaq close of 113 3/8.

On Thursday, the boards of both Intel and Level One Communications Inc. (LEVL)
approved a definitive stock-for-stock merger agreement valued at about $2.2 billion
under which Intel would acquire Level One.

Dealers also bid Level One up in after-hours trading to 27 5/16 from its Nasdaq close
of 27 1/8.

(END) Dow Jones Newswires 04-03-99
2304GMT
(AP-DJ-03-04-99 2304GMT)



To: Judy who wrote (19781)3/5/1999 8:31:00 AM
From: Lee Lichterman III  Read Replies (2) | Respond to of 42787
 
Judy, CANX my AMAT signal. Looked at it harder and the short term mo mo signal bounced too far too fast, it could be setting up to drop harder. Waaaay too risky to try to scalp it here. This whole rally may be just a TA bounce for further weakness.

Lee