SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 48.59-1.3%Feb 4 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ram Seetharaman who wrote (85700)7/14/1999 3:53:00 PM
From: vegetarian   of 186894
 
>>AT 40+ million volume, the market is simply ignoring NILES and pushing INTC up 2+ points! His report is below!<<

There is an implicit danger for shorts in here if they are not agile enough and that is:
Intel missed last Q's consensus; they said, third Q will be slightly up and 4th Q will be strong, so it would be fair to assume that the buyers today are buying on the projected strong future and many may hold long enough.
IMO this is different from buyers coming in because a past Q's estimates were exceeded.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext