Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 41.41

+2.2%

Dec 5 9:30 AM EST

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To: Road Walker who wrote (170651)	9/5/2002 10:08:40 PM
From: BelowTheCrowd	Read Replies (1) of 186894

While I doubt we have been lied to, I think it is possible that Intel comes in closer to the bottom or the range than the top, and that insiders have a good feeling that this is a possibility. In truth, my big worry is the stuff they didn't say. They avoided talking about seasonality and gave no clue about Q4. I'm worried that they might release earnings in line with the reduced estimate for Q3 then guide down Q4 even more agressively. Obviously, not firm information from the CC to suggest this, but the fact that they kept it short and avoided talking about it too much does not give me the warm fuzzies. Bottom line is that I heard nothing to indicate a turnaround is on the horizon (not that I really expected to), and think the stock is probably overpriced unless one comes along soon. I doubt we'll get a major event to crush the stock, but can certainly see it continuing its slow downward grind. mg mg

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