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Technology Stocks : Intel Corporation (INTC)
INTC 33.62-4.2%Nov 20 3:59 PM EST

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To: Scumbria who wrote (82723)6/4/1999 12:45:00 PM
From: xstuckey  Read Replies (1) of 186894
 
Based on seasonal considerations, there is a very high probability that today's closing price will be the lowest closing price in 1999.

K7 season?

Scumbria,

I think you will agree that if the existence of the K7 was intended to surprise anyone, it is already a failure. In fact, the only possible surprise now is that AMD doesn't announce the K7 in June.

I see a minimal effect of the announcement on intc, the stock. When it becomes apparent that the K7 will have little or no short term effect, the stock will ramp, just as it does nearly every July.

Best Trading,
X
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