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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: TTOSBT who wrote (52068)	4/4/1998 7:42:00 PM
From: Paul Engel	Read Replies (3) of 186894

TTOSBT - Re: "Does this statement indicate, "I was WRONG when I said INTC would earn $4.17 for 1998 and $4.88 for 1999. You have zeroed in on the fallacy of all these analysts. They react to current situations and make their predictions based on the most recent "spilled beans". However, they never admit being wrong. They just "update" their estimates. That is why they are analysts - and not investors. Paul

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