Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.26

-0.7%

3:59 PM EST

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To: Barry Grossman who wrote (30902)	9/3/1997 9:15:00 AM
From: Larry Loeb	of 186894

Barry, When Intel made that announcement on Friday May 30, it was right before their meeting with analysts on Tuesday June 3. They mentioned during the meeting that they were not certain what was causing the shortfall in European revenues, however, they felt compelled to make the announcement prior to the previously scheduled meeting. I hope you're right, however, I wouldn't read too much into getting past the last trading day of the month. Larry it's just that in May, when Intel gave their 2Q warning, it occurred just before the open on the last trading day of May.

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