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Technology Stocks : Intel Corporation (INTC)
INTC 46.95-2.8%3:59 PM EST

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To: gnuman who wrote (66837)10/16/1998 12:31:00 PM
From: Paul Engel  Read Replies (1) of 186894
 
Gene - Re: "This could partly explain the market reaction to Intel's quarter. "

The market reaction to Intel's earnings were quite good in respect to the market in general.

For example, Intel's stock went down a point or so - perhaps 1.5% and has rebounded 2 days later.

Consider your idol AMD.

Their stock got slaughtered by 25% the day after earnings and 10% the day after that. Here we are a week and a half later and AMD is still down 15% from before the earnings announcement.

Relatively speaking, Intel's stock is doing great !

Paul
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