Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 41.41

+2.2%

Dec 5 9:30 AM EST

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To: Sonny McWilliams who wrote (19744)	6/4/1998 5:39:00 AM
From: Frank Ellis Morris	Read Replies (3) of 27012

Good morning Sonny, * After market close, Hambrecht & Quist analyst Rob Chaplinsky cut his 2Q earnings estimates on INTEL-TANIC CORP(ggg) to $0.65 from $0.69 a share, citing soft PC demand. Chaplinsky also cut his numbers for 1998 to $2.92 from $3.04 a share and cut 1999 estimates to $3.84 a share from $3.93 previously, his office confirmed. Traders said that Intel's shares started to drop after comments about a possible earnings warning today from a Deutsche Morgan Grenfell analyst. Then the H&Q estimate cuts added further fuel to the Inteltanic decline. Intel's shares dropped almost 5% and were the most heavily traded stock on the NASDAQ. (Reuters 04:24 PM ET 06/03/98) It seems that when you think the news is already bad or at its worse, somebody had another log to throw on the fire. What is that boating accident your were mentioning in another post involving a jetski?? Have a nice day and lets get a new ceo for Intel Best Regards Frank

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