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Technology Stocks : INTC
INTC 39.50-1.2%Nov 3 9:30 AM EST

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To: Jules B. Garfunkel who wrote (776)11/3/1997 12:06:00 AM
From: Lee Penick   of 990
 
Jules,

Regarding - "I still believe it is very significant, but as I asked before, why aren't more analysts writing about it? and why didn't Intel's stock move up as a result?"

In the past, has the stock price tended to increase:

1) on positive news (right away),

2) once an analyst incorporates it into his earnings estimate,

3) has it taken until that news actually affects the bottom line and increases quarterly earnings?

I'm especially interested in this concept in terms of how it relates to Merced. If Intel has a good product, good margins, and a new market segment to benefit from, will the market anticipate this and to what extent, or will it wait for proof and higher earnings to show up?

thanks,

Lee
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