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Technology Stocks : Intel Corporation (INTC)
INTC 48.72+3.0%3:59 PM EST
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To: Dale J. who wrote (58207)6/17/1998 4:38:00 PM
From: Ibexx  Read Replies (2) of 186894
 
Dale and thread,

Semi stocks are being held back by MMs for the options expiry play, and JBIL's EPS story was just a convenient excuse.

Come July (or even sooner) the tide will be turned.

Ibexx

PS: My WS sources told me that the Street now expects nice Q3 eps for most chip companies, thus the ball should start rolling at least three months before that.

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