Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 3:59 PM EST

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To: Jim McMannis who wrote (54479)	4/25/1998 1:54:00 PM
From: stock bull	Read Replies (1) of 186894

Jim, I think the market is awaiting the release of the ECI next week. If the ECI fails to meet the Street's estimate, I think we will see a sharp downturn in the markets. The next Fed meeting is May 19th. A key date on the Economic Calendar. Isn't gold still under $300? Last I saw, the index was around 290 - 295. I don't recall any of the Fed members using the price of gold as a key indicator of inflation. I thought the key measures where the ECI, Non-farm payroll, and the direction the GDP is taking. Of course, other factors considered include housing starts, consumer spending, Asian situation, etc. Stock Bull

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