Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.23

+2.3%

3:59 PM EST

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To: Sonki who wrote (32421)	9/22/1997 5:28:00 PM
From: vinod Khurana	of 186894

Hello Sonki, I will refrain from giving an earnings estimate since I am not an insider nor have any contacts on the inside. That is best left to the analysts whose full time job it is to calculate this information or obtain it whichever way they have to. Zacks is an average estimate and even those with more info. than us are sometimes wrong. I would guess that INTC will meet expectations for the last quarter but may see a decrease this quarter given the reason why other international companies are issuing warnings -- strong U.S dollar. On the stock price itself for Oct. 15th...now that's something. Given the bahaviour of this stock in recent days and the fact that it refuses to break the 50 day moving average, the trend seems to be up although I would have to see confirmation when it breaks the next major resistance at $100. V.K

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