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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: dper who wrote (36057)10/15/1997 9:06:00 PM
From: bundashus   of 186894
 
Why is everybody seeing the bad news on intel missing earnings. It is only 3 cent, or 3.3% below and the market knew that intel would probable miss this quarter. Earnings are up 20% from last year. If intel had a pe like most other tec stocks, the drop in earnings would have cut the price by 30% and not by the 5% we lost today.

Missing by just a few pennies when intel had some problems (ramping up pent II, market move to lower priced pc, and that amd think) sounds like good news to me for the next 4 quarters
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