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Technology Stocks : Intel Corporation (INTC)
INTC 36.91-1.1%3:59 PM EST

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To: Mary Cluney who wrote (93330)12/2/1999 11:43:00 PM
From: Tony Viola  Read Replies (1) of 186894
 
Mary,

Since this unnamed and underfinanced company would be very vulnerable if such bad news were revealed, don't you
think they would do anything to hide the bad news? Until of course when they can't hide the bad news any more inside of
a quarterly earnings announcement and shareholders and analyst are again shocked, shocked, shocked ... that they
would preannounce an earnings shortfall (one of these quarters - just you wait and see).


Good point and has already happened many times. Most recent was when Jerry told us about the K6 "mask problem" that somehow manifested itself in lousy yields and produced huge quarterly losses for them. Other companies do it too, like Motorola not being able to produce enough G4's for Apple a quarter ago. Didn't hurt Apple too much, though, whoa!

Tony
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