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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Racso who wrote (56961)	4/11/1999 1:53:00 PM
From: Ibexx	Read Replies (1) \| Respond to of 97611

Rasco, INTC had shown good technical indicators prior to Friday's bombshell. Fundamentally, it's never been stronger than it is now. My guess is that, barring any other unforeseen factors, INTC's initial drop would not exceed $3-4. And I have a sneaky feeling that there is a better than 50:50 chance that INTC would regain its loss (assuming there is) by Monday or Tuesday. Ibexx PS: I noticed you owned T too. I bought a ton of ZTAQ (2001 call, strike 85) last week when it was consolidating from the TCI merger. This company is no longer Ma Bell and should command a much higher p/e multiple once the Street recognizes that it's going internut at full speed.