Stock Attack -- A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: KM who wrote (13409)	7/29/1998 10:45:00 PM
From: Robert Graham	of 42787

It depends on what the market is doing by the time INTC reaches that price. I think if INTC reached that price, it likely would be from the market dumping which is the wrong time to purchase stocks. Also INTC has been reporting disappointing earnings for some time now which has started to show up in the form of actual earnings disappointments. Considering how the numbers are guided by the company and the company performs some bookwork to make that extra cent or two to exceeded earnings expectations, this earnings disappointment is an accomplishment and reveals a bad earnings situation with Intel. The earnings slowdown has been masked by the earnings game that is commonly played by the high tech companies. And it looks like the company will continue to have soft sales through the rest of this quarter. So INTC would not be my first choice. Bob Graham

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