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Technology Stocks : Intel Corporation (INTC)
INTC 39.36-0.1%Jan 5 3:59 PM EST

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To: Hawk who wrote (41587)12/5/1997 8:57:00 PM
From: mauser96  Read Replies (1) of 186894
 
At this stage I doubt if anybody( including Intel management) knows whether earnings will meet expectations or not. With build to order becoming more popular, a lot of box makers don't even order the microprocesor until thay get a buy order from the customer. There are still more than 3 weeks left in the month. The stock is down because of fears, not facts. The fears may turn out to be correct, but they are still just an educated guess at this point. I believe that Intel will warn in advance if there is going to be a significant shortfall. There doesn't appear to be a lot of hope built into INTC price so a 2 or 3 pennies short will not have a prologed effect, IMHO.
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