Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 46.48

-4.5%

3:59 PM EST

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To: Harry Landsiedel who wrote (27113)	7/20/1997 6:02:00 PM
From: Joey Smith	of 186894

HL, re:If they "miss", as they did in January, dropping from 170 to 126, that could push Intel and the rest of the market down too. I would not over-simplify things. If IBM misses on Monday, most likely they will report strong growth in their Service and PC segments, and continued margin/revenue erosion in Maninframe/Mini/Workstation/Disk Drive/etc segments, which is mostly good news for Intel. If I recall correctly, when IBM went from 170 to 126 in Jan., a lot of that money got put into Intel. I wouldn't be surprised if the same thing happened again, especially with the recent change-of-heart in Intel. joey

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