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Technology Stocks : Intel Corporation (INTC)
INTC 48.67-0.2%Jan 29 3:59 PM EST

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To: Robert Salasidis who wrote (7843)1/10/1997 6:40:00 PM
From: jmac   of 186894
 
Thank you. Now I must wonder why everyone is saying that INTC has to exceed $2.00 in order for the earnings release to be good news. Seems like everyone expects intc to be up string mon and tues and then fall like a rock after a high open on wed.

i thought intc would be in the high 140s by now and that the morning of the 15th would be a good selling point. But, INTC has not traded as if there were these great expectations. So, we may see the stock just stick around the mid to low 140s, like it has, until earnings release and then go up (contrary to most opinions). It seems to me that there is a good chance of beating $1.83.

Your thoughts?
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