I don't think so. First of all, there is not much good news awaiting to help the stock goes up. Second, now everyone concerns about the quarter earning report. What happens if Intel may not even meet 53 cents eps. It could be 48 cents or lower. Third, the stock will drop some more when AMD announce the K7 sometime in the next 2 weeks. Finally, there will be more downgrades or revise earnings... from analysts that could drag the stock go lower. I expect Intel will test 50 again.