Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 37.45

+3.3%

12:45 PM EST

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To: John F. Dowd who wrote (163829)	4/12/2002 3:30:09 PM
From: Tony Viola	Read Replies (1) of 186894

John, With all this good news why do we find INTC down in an up market? One thing I can see that stands out is historical data around this time of year. If you use Big Charts, Interactive Charting, then use timeframe: custom, from about mid March to early May, it's amazing how it's corrected by about 15% in a very short timeframe right about this time in 1999, 2000, 2001 and now. Thing is, it has quickly recovered each of those years. I think in previous years, there have been a lot of rumors started by shorts about earnings. This year, not much. P4 ASPs have been on a downtrend, but I don't know how much vs. normal. Prices always come down when the old fastest clock ones get replaced by newer ones, like 2.4 GHz P4. James Cramer did an article about price weakness in P4M chips. That might have caught some eyeballs. bigcharts.marketwatch.com Tony

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