Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.20

+0.1%

Dec 26 9:30 AM EST

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To: Road Walker who wrote (39469)	11/7/1997 7:01:00 PM
From: Barry Grossman	Read Replies (1) of 186894

John, CNBC said that Intel didn't have a firm grasp on the numbers, 500-750MM revenue downside for the quarter, so that was why they weren't more explicit weeks ago. But I think you are correct. They could have been more explicit about the reason for the 4Q96 anticipated slowdown than they were. Their simple mantra of "flat to slightly up" did not cut it and caused a lot of FUD. FUD=cheaper INTC=bargains for buyers since 10/14. John Hull - How about that? Barry

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