Intel share price ramping up

Steady boys, steady

If you look at Intel's share price over the last seven days it is a wonder to behold. But then, the reasons why shares go up and down is a mystery to mostly everyone on the planet. Last Monday, the INTC price started at just a shade above $50, and closed on Friday at $63.5, briefly touching $64. The USA is on holiday today, but the word is that it's set to go to $75 by the end of this week, despite apparently adverse news. AMD's share price, on the other hand, closed slightly down at $17.188, and wavered from that kind of position up-and-down, during the week. CompaQ also spent almost the whole of last week hovering around the $23 mark. We would say that meant AMD and CompaQ were undervalued. But what do we know? ®

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