Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 41.41

+2.2%

Dec 5 9:30 AM EST

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To: Jim McMannis who wrote (41286)	12/2/1997 9:06:00 PM
From: Paul Fiondella	Read Replies (1) of 186894

Whats going on? --- Intel shares are on a roller coaster Yesterday it made a break out of its trading range at the top, jumping from 79 1/2 to 81 at a gallop. Today it dropped steadily, on the news of earnings shortfalls on the part of component and peripherals manufacturers. I suspect this is because those shortfalls were not concentrated in any one sector and because retail reports out on the initial PC sales over the Thanksgiving holiday showed they were down to flat from last year. This created worry of a general slowdown in PC sales. And some people are actually wondering if Intel will do what COMS did. You know what happens then.

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