Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.78

+2.7%

Nov 26 3:59 PM EST

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To: puborectalis who wrote (112209)	10/3/2000 1:43:23 AM
From: Paul Engel	Read Replies (1) of 186894

Stephen - Re: ". More worrisome, according to an August Barron's article..." I keep by my desk a copy of Barron's from May 29'th of this year - with a cover story on Xerox - and a long analysis explaining how Xerox's stock could JUMP 50% this year. At the time, Xerox was selling for $28/share. A month after the article was written, Xerox's stock fell to about $18 after they preannounced an upcoming bad quarter with profits missing analysts estimates. Today, after the market closed, Xerox announced an upcoming LOSS - and their stock was trading for around $12 in after hours trading. In conclusion, Barron's is often full of shit. Paul

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