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Technology Stocks : Intel Corporation (INTC)
INTC 40.01+1.7%Jan 6 3:59 PM EST

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To: The Duke of URL© who wrote (178761)7/21/2004 8:46:39 AM
From: Amy J  Read Replies (2) of 186894
 
Duke, I believe MS never would have made an announcement for a dividend & share buyback of $75B only two days before the MS earnings report, unless they strongly felt the hightech market was very solidly rebounding.

I think the MS news will lift Intc up, once WS figures out the news could be a super good indicator for everyone else.

Intc has been unduly beaten over the past week to a near 52-week low.

It's possible yesterday's $23.24 could turn out to be a low that Intc won't touch again.

Will probably increase my leap positions in Intc today.

When is Cisco up to bat? Did HP already report?

Regards,
Amy J
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