Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.60

+3.5%

Jan 20 3:59 PM EST

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To: The Duke of URL© who wrote (88139)	9/12/1999 6:21:00 AM
From: Fred Fahmy	Read Replies (1) of 186894

Duke, Intel has a history of only pre-announcing when earnings are going to be substantially higher or lower than the previous guidance suggested. I think this is a reasonable policy. As you noted, the guidance covers a range of EPS's not one point. My guess....INTC beats estimates by a few cents...the stock sells off because expectations have gotten so high...astute investors buy on the dip (or add to their existing positions)...and life goes on. By 'life going on', I mean quote.yahoo.com Good luck, FF

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