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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: Ron Burns who wrote (52752)4/11/1998 8:50:00 PM
From: hb  Read Replies (1) of 186894
 
The put volume on this is relatively high ahead of earnings. This is an indication of general consensus for downward direction in the short term? Guess: margin will go down in q2 from 55%, win98 holdup by the government could have more slow down going into q3 for system makers and intc, europe will be quiet due to summer, far east can not afford the prices with such strong dollar and hence lower volume.
Ray of hope: pentium 2 sales pick up to compensate for the above.
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