% | $
Quotes you view appear here for quick access.

Intel Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • paul.ottelini paul.ottelini May 11, 2011 11:01 AM Flag

    Resistance Range 23.46-23.59

    May 17 investor meeting coming up next week.
    Some strong confident comments will be made about continued growth for Intel for many years.
    But at any time, Intel may turn up the heat with some buyback pressure. That alone will break any resistance along the way to the $30's. Can't see why Intel will not get there this year. Especially if Intel proves in the next 2 to 3 months that they are on their way to earnings above $2.50 a share. Then $30 will only be 12 times earnings.

32.73+0.12(+0.37%)Apr 20 4:00 PMEDT