Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.59

-1.0%

3:20 PM EST

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To: John O'Neill who wrote (90040)	10/12/1999 9:36:00 PM
From: Road Walker	Read Replies (1) of 186894

On July 13th, Intel missed 2nd quarter earnings "expectations" by two cents, but gave a positive outlook for the coming quarter. The stock closed at 65 3/8 that day. INTC is up about 17% since that "miss". Today Intel "missed expectations" by two cents, but gave a positive outlook for the coming quarter. Bottom line, Intel's financial performance is the envy of 99% of US companies. The analyst's quarter by quarter expectation game is a distraction, it makes you think good companies are bad and bad companies are doing great. I will be happy with a 17% increase in INTC this quarter. If there isn't a significant change in the markets, by the end of the 4Q, the market will reward Intel for it's performance. The two cent miss today was no more significant than the two cent miss on 7/13. John

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