SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (27412)7/13/1999 5:19:00 PM
From: IQBAL LATIF  Respond to of 50167
 
Once the positive guidance came out though, someone "swept the street," taking all offerings to 64, and then other buyers came in. It is trading up one-half as I write.

Intel's Miss Is a Yawner
By James J. Cramer

7/13/99 4:57 PM ET

Intel's a miss, but a nonevent miss in my book. I mean, maybe some screaming yahoo reporter will try to tell you that this was a big miss, but it is a real yawner I am afraid.

We don't know much more than that right now, except that the company is going to be very, very upbeat.

Amazingly, there are people in the badlands who can't resist pulling the trigger before they find out what is going on. You could have bought a block of stock at 63 and change in Instinet after the number was reported, but before the guidance was delivered.

Hope this helps.