INTC

[Jack Haddad]

Option volatility on INTC is high. Therefore, this is an indication that bidders want intc to move higher in light of the a new year rally. I bought 25000 of INTC at 26.02. The daily support is solid at 25.90. I'm going to hold till the 31st to see what it's going to do.

[Jack Haddad]

Added 25,000 shares to INTC at 25.93. The stock is severely undervalued not only to 15 times 2006 earnings but to AMD at 42 times 2006 earnigs. Moreover, INTC has never fallen 5 points in share price behind AMD. Therefore, INTC will soon get an explosive bounce beyond 27.50

[Jack Haddad]

Added 25,000 at 25.76...very oversold hourly chart. Looking for a scalp here.

[Jack Haddad]

Added 25,000 shares at 25.52

[Jack Haddad]

Sold 25,000 shares at 25.60.

[Jack Haddad]

Repurchased 25000 at 25.47

[Jack Haddad]

Folks, INTC's downside today is not a concern. It's low volume and it appears that the market makers are all over it. Also, note that AMD has rallied to a new 52 week high. AMD stand at 6 points higher than INTC. I have never seen this difference in nearly 11 months. This is a very assuring sign that INTC will soon follow in the 30s. Come Jan 17, Andy Bryant (CFO) will shine and raise the outlook for the remainder of 2006. For those who follow my real time trades, I'm currently holding 100000 shares.

[Jack Haddad]

Added 25000 at 25.06. INTC's retreat from 25.90 has been the result of institutional window dressing... not about technicals or fundamentals. Currently hold 125000 shares.