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Technology Stocks : Intel Corporation (INTC)
INTC 36.82+1.5%Dec 19 9:30 AM EST
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To: Proud_Infidel who wrote (183137)1/19/2006 5:12:13 AM
From: Amy J  Read Replies (1) of 186894
 
RE: "those days must have been horrendous for them to be off by so much."

I whole heartedly agree with you.

The CC was in Dec, which implies the plummet had to have been extremely severe and sudden to take down an entire quarter, even when factoring in Dec usually takes in the most sales.

And note how Apple's unit shipments dropped 16% QoQ (which is a large decline for QoQ.)

Feds injected a bunch of money in mid Dec. Remember that?

Am not convinced everything is okay. Conservative forecasts are probably in order here.

Yet, Fed says economy is okay:

biz.yahoo.com
Stocks trimmed losses temporarily in the afternoon when the Federal Reserve's beige book showed economic activity increased across the country in the last weeks of 2005, but rising energy costs worried businesses in some areas

Regards,
Amy J
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