Intel Corporation (INTC) Message Board

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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: Paul Fiondella who wrote (44667)	1/10/1998 2:23:00 PM
From: john defreitas	Read Replies (1) of 186894

paul, your views on the asian situation and its impact in on the money, so should we say lack there of....it amazes me that so many are willing to shrug off what is going on and see this as a short term problem. in many of these booming aisan countries where a new middle class was emerging, its now going to hell...they will be the most impacted. the poor will always remain so and the rich survive. in an eariler post i mentioned i had spoken to someone from singapore who is in chemical sales and he said orders in nov down 50% and in dec-no sales....and he was in hawaii and watching his own spending..using $us he had bought eariler in the year and avoiding credit card charges as the currency dropped. many forget mr biggs from morgan stanley who closed out his asian holding right after coming back from a trip there and warned of the situation a couple months back. so, how about we start getting a prediction on intel on tues. i say they meet expectation number for quarter and have bearish comments and stock down on wed and maybe a runup later in the day...i think it should hold above $60. regards, john

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