Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.08

-3.2%

Dec 17 3:59 PM EST

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To: Dinesh who wrote (153440)	1/2/2002 10:56:44 AM
From: bambs	Read Replies (1) of 186894

What are your assumptions going into this earning scenario? I expect the price war to intensify this year. I expect no business upgrade cycle. Capex spending cuts all over. Including INTC. I expect layoffs to continue. Housing, Autos, Retail will dump and consumer spending with it. I expect some charges from INTC. I expect guidance to be avoided for the year. But lowered for this quarter. I expect the stock to be under pressure before and after earnings and find support in the $25 area until the summer. Things could get dramatically worse if the US Dollar starts to drop hard against the EURO. Money will flow out of equities and T-bills. The markets will be crushed. The feds hands will be tied. Debt issuance will become more expensive. Defaults will continue to rise. Bambs

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