Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: Kirk © who wrote (45957)	1/18/1998 11:27:00 PM
From: Sonny McWilliams	of 186894

Kirk. Brinker. I guess you read that I was told that he was disappointed that 4 cents of the 98 cents came from a lower tax rate, which leaves us still up 4 cents from consensus of course. Let's face it. Margins are a very poor excuse for him to sell. I think the margins were actually a surprise. I expected lower margins. Intel has given guidance ad nauseumn that margins will get lower and will evtl. hit 50% give or take. If I know that, Bob Brinker knew that before he bought at 69. But he did say it was a trading stock. So, that's what he is doing. But let's not blame it on margins or taxes. The fact remains: Intel came in better than consensus. Tax or no tax, margins or no margins. Is everyone going to oblige him and sell so he can pick it up cheap again? I am holding. Like I said in an earlier post. It is not that we are not in a bull market it's just that there is more trading now. I personally have no intention of calling. I am not so sure that he has that Crystal ball we are all yearning for. Sonny P.S. I just read your links. Looks like I am not the only one wondering about that Crystal ball.

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