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Technology Stocks : Intel Corporation (INTC)
INTC 48.59-1.3%Feb 4 3:59 PM EST

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To: Gaston Teran who wrote (29886)8/21/1997 12:48:00 PM
From: Joey Smith   of 186894
 
gaston re:the current quarter is a bit "iffy" IMO.

some things going for Intel in Q3:
1). more favorable product mix (e.g. more PII, high-end MMX, high-end laptops)
2). most analysts cut Q3 estimates, so the target wont be hard to beat. in fact, Q3 estimates might be lower that Q2 numbers.
3). Unit sales seemed to have picked up STRONGLY the past several weeks. Of course, a lot of this may be due to Intel price cuts, but Intel gave thier Q3 projections based on these price cuts.

I agree their is still much uncertainty about Intel Q3 numbers, but that's how you make money on the Street. My bet is on the long side.

good luck
joey
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