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Technology Stocks : Intel Corporation (INTC)
INTC 35.75+3.6%3:59 PM EST

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To: Diamond Jim who wrote (47295)2/5/1998 10:10:00 PM
From: Paul Engel  Read Replies (1) of 186894
 
Jim - Re: "Paul, you think tomorrow would be a good time to buy some QCOM ? "

I'm expecting a 10 or 15 point drop.

I assume you are referring to their press release today regarding Korean business slow down and their Q1 forecast.

It won't be fun - I wouldn't be in any hurry to buy at this time. After the stock drops, the analysts will issue their downgrades and it may continue to drop in the following days.

Paul
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