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Technology Stocks : Intel Corporation (INTC)
INTC 40.41-2.4%1:15 PM EST

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To: Ibexx who wrote (71309)1/13/1999 1:16:00 AM
From: Ibexx  Read Replies (2) of 186894
 
Thread,

From Option Investor Newsletter (1/12):
____

"Positive signs abound. Intel announced earnings after the bell and
beat the whisper numbers by a wide margin. They announced +1.19
and the estimates were only +1.07. Intel cited strong high end
product sales and new high end products coming to market. INTC
traded up strongly after hours. Yahoo also announced better than
expected earnings and a 2:1 split. Yahoo had been expected by the
retail crowd to maybe announce a 3:1 split so there was some
disappointment. Yahoo traded down in after hours and could go
either way tomorrow. Which way YHOO goes will determine the
sector direction. They are expecting an additional 35 million
Internet users next year alone. Their forecast for 1999 revenue
is an astounding $2.7 bln. This is a huge increase from this
year. The positive forecasts given by Yahoo in the conference
call could cover a multitude of sins. ...
"
_____
Ibexx
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