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: jmac who wrote (49211)	3/3/1998 12:06:00 AM
From: Sonny McWilliams	Read Replies (1) of 186894

jmac. You are welcome. I was originally going to wait until the last minute since I was still debating if I wanted to convert all my warrants but deep down I kept worrying about worthless warrants if something should happen before I converted. I called my broker and told him to convert on the 10th. But he told me that they could only do it when I called it in. That did it. I converted right there and then. gg. I don't know the real answer to your question about Intel. You are the TA man. There has been talk going around again for days about Asia still influencing earnings. And then I heard rumors about Teradyne and on Friday after the market closed, I think it was after the market, that Teradyne issued this warning of pushed back orders. It was said that Intel pushed back an order because they did not need to test new chips yet? Teradyne tests chips. I guess you noticed all the Semi equipment makers going down today? Because of this pushed back order from Intel I guess investors feared all those cos. would be affected. It was later said that this is not the case. That pushed back order had nothing to do with PC sales. Maybe Intel is coming out with one chip later than expected and therefore doesn't need the chips tested yet. Intel and CPQ were originally up but then the CPQ news hit the street. The CFO of CPQ made kind of a confusing statement: January was competitive and we are on track IF MARCH will be alright. There is still Asia looming but we expect Europe to be strong. I think investors figured it sounded kind of weak. It was not an E.Pfeiffer (CEO) upbeat statement. gg. And CPQ cut prices by 40%. That does not always sit well with WS. Anyhow, the techs went to pot after all that came out. Now, some brokerages later called CPQ still a buy so maybe tomorrow the techs will recover, hopefully. I could go on but I think you get the message. Sonny

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