Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.82

+1.5%

Dec 19 9:30 AM EST

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To: Joey Smith who wrote (139447)	7/17/2001 4:45:01 PM
From: t2	Read Replies (4) of 186894

``Intel's second quarter results met our overall expectations as our microprocessor business performed better than expected, with sequential growth in units, while our communications and flash businesses remained soft,'' said Craig R. Barrett, president and chief executive officer. It is the microprocessor business for this company that dictates direction. I would also noted that the bought 34 million shares this quarter; more than the 29million of last year. I also think it goes higher tomorrow. Afterhours trading is to be ignored, imho....at least for now...cc has not started yet. I am expecting short covering in a big way tomorrow...mainly due to the very negative expectations among some high profile analysts (and of course their clients..hedge funds etc).

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