Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 39.50

-3.1%

3:59 PM EST

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To: margaret tasset who wrote (18088)	3/4/1998 6:49:00 PM
From: Frank Ellis Morris	Read Replies (1) of 27012

Good Evening Margaret and all Many of you know by now the abrupt havoc that is going on in the tech world created by Intel. After the bell the company warned of shortfall. In after hours trading on Instanet the last trade reported by CNBC for Intel was 74. Drew Peck was just on CNBC addressing the problem as he feels that it is due to Units and pricing. Many would be buyers of computers are waiting to see how low the price goes before they start buying. This has caused Intel's earnings to fall well below the street expectations. Tomorrow is going to be really nasty unless bargain hunters step in. I do not think that after hours trading should be allowed unless all can participate. Fasten your seat belts as tomorrow is not going to be nice. We will most likely see quite an unusual day of trading. Best Wishes and stay Calm Frank

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