Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 40.56

+10.2%

Nov 28 9:30 AM EST

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To: MONACO who wrote (50823)	3/19/1998 7:23:00 PM
From: Barry A. Watzman	Read Replies (4) of 186894

Well, even though I am an Intel bull, since I'm out right now (in cash), I am hoping it breaks to the down side so I can get back in cheap, but you are certainly right about the stock having been in a narrow trading range from 75 or so to 77 or 78. My view is that earnings this quarter could be anywhere from $0.50's to $0.80's. The market is prepared for $0.80's and probably very high $0.70's, it is certainly not prepared for $0.69 or lower. Regardless of what happens in the next two weeks, earnings will tell the REAL story for the next 60 days.

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