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Technology Stocks : Intel Corporation (INTC)
INTC 35.75+3.6%Nov 24 3:59 PM EST

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To: Saturn V who wrote (124707)1/11/2001 7:43:48 PM
From: Mary Cluney  Read Replies (2) of 186894
 
Saturn,<<<I guess Intel guidance will set the tone for market action. That will tell us all, how bad December really was, and what the next quarter looks like.>>>

If Intel has any practical smarts (which I highly doubt), they would reset expectations to an absurdly low level (as low as they can set it without being too obvious). Then they have to beat expectations every quarter by a very wide margin, but always cite some unusual one time circumstance for exceeding expectations and to reset lower expectations for the following quarter.

They can probably repeat this exercise until we go into the next recession (assuming that we are in one now an that we are going to get out of it fairly soon).

I think Tim Koogle and the Yahoo gang are following this "beat the low expectation model".

Mary
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