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Technology Stocks : Intel Corporation (INTC)
INTC 35.79+3.8%3:48 PM EST

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To: Logos who wrote (60134)7/14/1998 5:23:00 PM
From: TTOSBT  Read Replies (4) of 186894
 
Re: "Even weirder, Intel was just upgraded by Volpe Brown. That I just don't understand. For Q1, a lot of people thought Intel would miss and instead it beat (lowered) expectations. Next day it rose for a few hours then dropped like a rock. Now, everyone expected Intel to beat the (again lowered) expectations. Instead, Intel misses, and it's being upgraded and may be stabilizing in after hours trading. Well, the results were not horrible or anything, but they weren't pretty either.I doubt it will rise tomorrow, but then again, the market seems to be in a period of exuberance which I, at least, find rather irrational. We'll see pretty soon."

If this were the beginning of uncertainty I would agree but it is just the opposite it is the end of uncertainty in Intel's case.

TTOSBT
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