Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.59

+4.9%

Feb 6 9:30 AM EST

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To: Rob Rob who wrote (2072)	7/8/1996 11:46:00 PM
From: Nathan L.	of 186894

Rob- I don't see MOT meeting their numbers this week. I think there will be a chance of buying more Intel at $68 before intel's earnings release. Everything out there just looks too uncertain right now and the markets don't like uncertainty. The Fed will almost certainly raise rates by 1/4 to 1/2 before Intel releases earnings. Also, even though most companies who expect bad earnings have already warned, when the time comes for those companies to announce earnings there will be further selling as if no one knew. It always happens that way. My guess would be that the majority of those companies who have already warned will also give guidance to additional bad numbers in the quarters ahead. This isn't to say that this is bad for Intel's business, but it could be bad for their stock price. I'm looking to take advantage of others irrational selling.

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