Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.32

-1.2%

3:59 PM EST

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To: f.simons who wrote (104655)	6/20/2000 10:28:00 PM
From: Dan3	Read Replies (1) of 186894

Re: Looks like the afterhours traders are ignoring the good news as well... In recent quarters, Intel has sold just enough stock to bring their earnings 1 or 2 cents above the estimates. So some are taking this as an indicator that the current quarter's earnings would be down by about $2 Billion without the sale of stock. It may be very different this time, but this is probably the cause for street's reaction. Dan

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