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Technology Stocks : Intel Corporation (INTC)
INTC 38.44+0.7%Nov 10 3:59 PM EST

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To: Randy Ellingson who wrote (75135)3/2/1999 4:44:00 PM
From: Andreas  Read Replies (2) of 186894
 
Important News From Investor Relations!!!

I called investor relations again and spoke with "Jennifer". Conversation ended at 4:30 est. She said that "current quarter guidance to analysts has not changed". When I asked her about specific estimated earnings numbers she said that intc does not give out specific numbers and reemphasized that guidance given has not changed. She spoke to the downgrades at micron and cpq and said those problems are spilling over to intc on assumptions that slowdown at cpq for example will impact intc. I asked her how many people work at investor relations and she said today there were seven. She also said that they have been getting more calls than usual in last few days.

Let the suckers sell!! This is nothing more than the usual shake-out to make room for more profits for clients of big firms. Investor relations implied as much.

Good Luck and sit tight!!
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