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Technology Stocks : Intel Corporation (INTC)
INTC 34.32-1.2%Nov 18 3:59 PM EST

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To: GP Kavanaugh who wrote (80810)5/13/1999 12:58:00 PM
From: Tony Viola  Read Replies (3) of 186894
 
GP,

What are the current theories as to why INTC is not participating today? I'm
stumped.


FWIW, this time of year INTC is usually in the doldrums. First quarter is traditionally not as good as the previous one, Q4, because of Christmas. Then, Q2 is typically down again wrt revenues from Q1. For some reason, the street has trouble with this every year, even though it's quite predictable, and INTC doesn't have much strength through here. 1990 and 1995 were exceptions. We better be starting back up by mid year (Q2 earnings?) if I'm right. A graph:

tscn.com
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