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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST
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To: GVTucker who wrote (92677)11/17/1999 9:06:00 AM
From: Mary Cluney  Read Replies (2) of 186894
 
GVTucker,>>> Earnings are also much less easily manipulated. If you're a long term investor in INTC, you've either got to learn to live with that or sell the stock.<<<

Bunk. Every company has quarter-end or year-end strategies they can employ to smooth out, at the margins, reporting of earnings. Normally, when a company misses earnings it implies something has gone off plan. Stocks usually take a dive for good reason.

Not so with Intel. In this regard, Intel has a screwy culture and you can't tell what they are trying to tell us. They give out mixed messages even when things are going well. Current situation with inventory is a case in point. What is it are they trying to tell us? Is there something they are trying to hide?

I don't think so. I think business is terrific. They have the usual production problems associated with rolling out complex new products. The only reason that I think this way is because I try to read and understand everything that Engel, Viola, Fowler, Amy, Harry, McMannis and a lot of the others on this thread who share information with us.

I could never get it just from reading Intel press releases and what they have to say at secret breakfast meetings.

Mary
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