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Technology Stocks : INTEL FOR TECHNICIANS
INTC 40.16-2.9%3:59 PM EDT

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To: Chris who wrote (1481)7/17/1997 11:58:00 AM
From: SpecialK   of 1513
 
Chris,

I was aware of the earnings released, .02 better than expected, but a month ago when they lowered the estimates, the stock fell $17 to $140something, maybe that was an overreaction but the outlook for the next quarter is flat revenue and slightly lower profit margins. I can see it going higher only with the exuberance of yesterday's action.

Ketan
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