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

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To: dan36 who wrote (118458)12/7/2000 5:14:29 PM
From: Lane Hall-Witt  Read Replies (2) of 120523
 
You're welcome, dan36. INTC and the Naz big-caps are doing really well right now, all things considered. I wonder what INTC's forward guidance will look like on the call. If the Joe Osha interview on CNBC is any indication, the analysts aren't going to be very happy with this warning: Osha said flat to down revenues isn't even close to the model he has on INTC.

That said, it sure looks right now like the Nasdaq sellers are washed out. The buyers are stepping in and muscling them up right now. It looks like the thesis is that a big shortfall like this just gives Greenspan another reason to reduce interest rates sooner, rather than later.
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