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Technology Stocks : Intel Corporation (INTC)
INTC 46.47-4.5%Jan 30 9:30 AM EST

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To: jmac who wrote (7970)1/13/1997 5:16:00 PM
From: Autumn Henry   of 186894
 
Okay folks, here are the operative words I heard on CNBC today about INTC...

It is considered the "lynchpin" of the techs...and is so very important.

They had the earnings guy from IBES(like first call) and this was after the market talking about earnings this year (this quarter and such) and what he said about INTC was, with a big smile on his face:

INTC is BOOMING
l997 will be very good year
May even do better than analyst estimates

He seemed confident.

But the truth is there will be profit-taking and quite possibly the inevitable perhaps "gap-up" on Wed. with lots of selling....

Looking at the way the market greeted earnings in Oct. on chart was interesting.

Does anyone here intraday trade INTC/INTCW?

Autumn
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