Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.94

-5.1%

Nov 13 3:59 PM EST

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To: L. Adam Latham who wrote (110641)	9/23/2000 5:17:47 PM
From: GST	Read Replies (1) of 186894

Adam: If we are talking about 2 cents shaved off earnings, you are right to ask what is going on here. Some possibilities: 1. Panic selling for no good reason; 2. Selling because of the magnitude of the shortfall -- clearly an over-reaction, or; 3. The magnitude of the shortfall is irrelevant -- only the change in direction and what it portends for the future matters -- and the message is "storm clouds on the horizon, get out of here now before it hits". Many observers want this to be seen as an INTC-only problem. If that is the case, happy sailing. But if INTC is signalling storm clouds on the horizon, take no comfort from those who say "no worries, there is nothing wrong with my boat now". They are missing the point.

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