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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 35.53-1.1%Nov 14 9:30 AM EST

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To: Captain Jack who wrote (16068)1/13/1998 7:46:00 PM
From: Maverick   of 27012
 
Motorola's earnings report triggered relief rally in the chip
industry... MOT itself jumped 2 7/8 despite a few downgrades. Lattice &
Vitesse also jumped in response to their earnings numbers... Chip stocks likely to keep climbing after Intel
reported better than expected earnings of $0.98 on revenues of $6.5 bln... Beat street estimate by 5 to 8
cents... Company's future related comments so far not bad either... Stock up a bit in after hours trading...
Micron shot up another 3 points on the higher DRAM prices and active short-covering... Texas
Instruments beginning to play catch up gaining over 4 points.
From Briefing.com
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