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Technology Stocks : Intel Corporation (INTC)
INTC 41.41+2.2%Dec 5 9:30 AM EST

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To: Joey Smith who wrote (93769)12/10/1999 11:31:00 AM
From: Tony Viola   of 186894
 
Joey,

John, imo, over the past month, intel's stock has discounted bad news that would make Intel miss their Q4 projections. If
Intel meets their Q4 projections (and assuming most of the problems have been fixed), we'll see an end to the downtrend
(and probably a nice pop). If I had to guess based on what I'm hearing, we'll approach $80 again by end Jan.


Could be. Much as I hate whisper numbers, we might even have a consensus whisper number that is lower than mean projections. Zacks mean now at 63 cents. If that happens, the stock can actually go up just by meeting consensus. Of course, "just" consensus is a mere $2.1 billion.

Tony
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