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Technology Stocks : Intel Corporation (INTC)
INTC 37.38-2.5%1:32 PM EST

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To: Process Boy who wrote (96028)1/13/2000 5:11:00 PM
From: Saturn V  Read Replies (1) of 186894
 
ref- "Saturn - <The earnings forecast of 0.63 cents does not add up at all.>

I guess it didn't."

Isnt it amazing that these high paid analysts did not get it right. It did not take high flying math to figure that the 0.63 cent estimate was way off.

But amazingly the Michael Burke Thread and AMD fans and their ilk, seemed to think that 63 cent was too optimistic. I guess that some people build their own reality.

Intel in the quiet period clams shut, allowing all kinds of rumors to circulate, increasing the volatility of the stock. Cisco promptly squelched any rumors after Lucent earning problems. IMHO Intel should take a more active stance. It can merely make a comment to the effect " The Past guidance still holds", and thereby put an end to this mindless speculation.

:-)

Saturn 5
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