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Politics : Formerly About Advanced Micro Devices

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To: Guy99 who wrote (39332)10/14/1998 9:49:00 PM
From: Dale J.  Read Replies (1) of 1570318
 
Guy99, Re:I don't own either INTC or AMD and have no ax to grind.

My comments weren't directed towards you, but rather towards the article. Estimates were for .73, they were then bumped up to .78, then to .80, then at the last minute the whisper numbers jumped up to .83, .84 and .85.

Intel came in at .89. The analysts were conspicuously silent after the release. I believe some very large brokerage houses want the price of INTC to stay low for at least another week. It was obvious to me that whatever INTC said or whatever they reported for the qtr was going to be pooh-poohed by WS. Short-term WS is a con game, but long term good earnings will always matter. So I'll hang in there for the long-term.

Dale
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