Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (115363)	10/17/2000 4:50:26 PM
From: Dave Gore	Read Replies (1) of 120523

Strong earnings from INTC after the bell could drive chip stocks higher. Let's hope. IBM earnings met consensus but a little light on Revs. Intel beat revised estimates of 38 cents/share and actually met initial consensus of 41 cents before they warned about 4 weeks ago. They were apparently also at the high end of Rev estimates at $8.7 B Announced a sequential increase in rev of 4-8% for the current quarter (wide range), according to CNBC. We'll see, hopefully nothing will spook analysts during the Conf. call going on now.

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