Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 42.61

+6.5%

Jan 7 3:59 PM EST

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To: GVTucker who wrote (156526)	1/22/2002 2:47:08 PM
From: fingolfen	of 186894

My bottom line is that prior to its earnings release, Intel stock was discounting a very optimistic earnings recovery in 2002.. Since management did not share that wild optimism, the stock has reacted accordingly. I don't think that the capex has anything to do with it. Actually I think you've got a very good point here. I think the bulls were betting on a Q1-Q2 recovery as opposed to a Q3-Q4 recovery. I've long believed that the only way Intel stock is going to get out of its current trading range for good (30-35) is for there to be real evidence of an economic turnaround...

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