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


To: Tony Viola who wrote (76627)3/17/1999 5:21:00 PM
From: NITT  Read Replies (1) | Respond to of 186894
 
re: "Some INTC trades showed up in after hours as high as $122"

I believe those trades were actually catch-up entries for trades actually made earlier in the day. Have no clue on the sell off, possibly the day traders getting out caused it.

Nitt



To: Tony Viola who wrote (76627)3/17/1999 5:28:00 PM
From: GVTucker  Respond to of 186894
 
Tony, RE:<<Some INTC trades showed up in after hours as high as $122, which was also the last trade at 16:29:27>>

Those trades are coded same day settlement; in other words, they're trades that are just getting posted late by the trader, not an indication of where the market is. Intel is still trading where it closed on Nasdaq.



To: Tony Viola who wrote (76627)3/17/1999 5:42:00 PM
From: Joey Smith  Read Replies (2) | Respond to of 186894
 
Tony, I wouldn't worry too much about the late day selloff. The last few days I've noticed Intel has been trading higher on higher volume, then volume has been leveling off later in the day when Intel stalls and goes down a bit. I think there is still a lot of uncertainty and negative sentiment with techs right now which is holding Intel back. That's o.k.

However, I think the market has not fully realized the significance of the Intel/FTC settlement. based on what I read, this seems like a huge victory for Intel (not having to admit to being a monopoly) which will help them in their business dealings in the future (as well as with current litigation with Intergraph, etc.)

joey