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Technology Stocks : Intel Corporation (INTC)
INTC 40.56+10.2%Nov 28 9:30 AM EST

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To: Raymond Thomas who started this subject12/1/2000 6:01:07 PM
From: Hightechhooper  Read Replies (1) of 186894
 
I finally talked with INTC IR department. I was told that just last week they were in Phoenix reiterating guidance and they were frustrated with the volatility in the market as much as I am. Given that there are really only 3 shipment weeks left in this quarter I believe INTC will fall into the range of their guidance albeit at the low end.

He was very open to the concept of more information, more often (either good or bad) but obviously the decisions aren't his to make.

I think if INTC just came out are reaffirmed guidance at the low end of the range we could settle out in the upper 30's until the P4 starts the next upgrade cycle. I imagine the short interest in INTC is very, very high right now given Peckerhead and his friends so I would love to see a short squeeze bust his a$$.
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