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Technology Stocks : Intel Corporation (INTC)
INTC 33.02-1.8%10:40 AM EST

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To: Hightechhooper who wrote (120084)12/1/2000 12:00:29 PM
From: michael97123  Read Replies (1) of 186894
 
Wasnt it just last week that Kumar raised intel numbers. Michael Murphy sent out a flash to subscribers saying that he expected intel to revise upward. Gateway's was off 30% from inflated estimates and dont have enough gadgets in their stores. Agressive pricing from dell may have had an effect. Some boxmakers will have a harder landing than others. I would be interesting in hearing about sales of no-name boxes in other retail outlets. Gateway is a retailer and a decline there will not effect the number of chips worldwide in any meaningful way. What is needed is not allowing all this bad news both economic and political turning into a self fulfilling prophecy of a recession. Need some reassurance from fed and/or pres resolution.
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