Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: JDN who wrote (88818)	9/24/1999 10:33:00 AM
From: GVTucker	Read Replies (3) of 186894

Although Niles obviously has done a poor job of predicting INTC's stock price movement, he has been very good at predicting recent earnings and revenues, so his remarks this morning are pretty important. Is there anyone out there that can verify the following? "Since the middle of September, we believe that Intel has suffered through about 2M in order cancellations. With units booked at almost 31M in early September, over the last couple of weeks, Intel has suffered through about 2M in debookings, with units currently below 29M. We believe that the main cause was PC demand not necessarily as strong as expected."

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