Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 40.34

-2.6%

3:59 PM EST

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To: Tony Viola who wrote (49455)	3/4/1998 8:57:00 PM
From: Muizz M. Kheraj	Read Replies (2) of 186894

An interesting development is taking place overseas...one would think that the foreign markets would react very badly to the Intel announcement as a slowing US market hurts everyone...but Nikkei after 2 hours...only down 1.1% (very average for Nikkei) Taiwan after 1 hour...only down 0.85% Korea after 1 1/2 hours...only down 2.33% One thing...on GLOBEX...the Nasdaq 100 Index March futures are down 30 points...and since Intel makes up 15% of the NDX100 and MSFT makes up 22%...I don't think that the overall market will really collapse. Generally things don't seem SOO bad Muizz

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