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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST

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To: Joey Smith who wrote (44672)1/9/1998 5:00:00 PM
From: Road Walker  Read Replies (1) of 186894
 
Joey, All,

Closing under Dow 7600 is bad news on a technical basis.

What is the market going to be thinking about on Monday/Tuesday, fresh new earnings reports, or Asia?

IF (big IF) Intel were to miss estimates by a significant amount, what would that do to the overall markets? If they were to give soft guidance in the conference call what would that do to the overall markets?

Intel will have to say something about Asia in the conference call, this will be the first major tech reporting on the effects of Asia. What will they say and what effect will it have on the overall market?

I'm not looking for answers (unless John Hull wants to send me an e-mail, promise I won't tell), just food for thought.

Next week will be very interesting, and Intel will will be at center stage. $Billions will be made or lost depending on their results and comments.

John
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