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Technology Stocks : Intel Corporation (INTC)
INTC 47.14-6.1%3:59 PM EST

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To: jmac who wrote (8075)1/14/1997 10:21:00 AM
From: Paul Oberlin   of 186894
 
From a Reuters article early this AM:

>Intel Corp climbed to 148 from 146-7/8, cracking the year-high 147-3/4 early Tuesday.

Traders attributed the ascent to market anticipation of robust quarterly results from Intel, due after today's close.

The computer chip maker is expected to report income of $1.84 versus $0.98 a year ago.

"If the number does not come in over $2.00 (per share), the stock is going to get whacked," said a trader, referring to climbing
expectations for Intel's results.<

Boy, am I getting nervous....

Paul
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