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Technology Stocks : Intel Corporation (INTC)
INTC 48.26-0.7%Feb 5 3:59 PM EST

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To: Raymond Thomas who wrote ()1/14/1997 6:07:00 PM
From: Paul Oberlin   of 186894
 
AFTER THE BELL - Stocks quiet, Intel Corp halted

NEW YORK, Jan 14 (Reuter) - Stocks were quiet in after-hours trading as the NASDAQ exchange halted trading on Intel Corp pending news of its quarterly earnings, traders said Tuesday.

The company announced late Tuesday fourth-quarter earnings of $2.13 a share against $0.98 a share for the same period the previous year.

"Great numbers," said Jonathan Joseph, an analyst at Montgomery Securities in an interview with the financial news television network, CNBC.

Although a published consensus among analysts called First Call predicted a $1.84 a share, most analysts were expecting for something more than $2.00, he said.

A NASDAQ official said it was not known when the exchange would release Intel's stock for trading again.
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