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Technology Stocks : Intel Corporation (INTC)
INTC 35.86-0.2%11:37 AM EST

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To: Eric who wrote (78747)4/13/1999 4:34:00 PM
From: John F. Dowd  Read Replies (4) of 186894
 
Seagate turned in great numbers INTC beats 1st Call- So it would appear that CPQ's problems are not endemic to the PC industry. Look for a relief rally tomorrow. Lot of nervousness. CPQ has to be screwed up in that they announced their warning so close to earnings release and had to have 2 cc's to explain or excuse their incredible shortfall. It was liek having an elephant in your home and not noticing it. If the internet keeps expanding at its current rate a lot of servers are going to be sold. That consumes a lot ofdisk drives and cpu's(high end type). Although its shares are down in after hrs. due to conservative forward looking statement this is typical INTC guidance.

JFD
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