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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (27511)	7/13/1999 5:03:00 PM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

After hours intc TRADING AT 631/5$.... intc REPORTS fall short but guides for a strong second quarter.... now MOT will report 14th morning before market opens, with good guidnace for future I expect INTC to hold supports... MOT earnings with INTC will set the tone ..most probably positive like we saw today... good close from lows.. as expected... 1400 held very well through out..the day, in the beginning we took a stand when market and DOT was down solid expecting a rebound and we did get that.. from 635 to 653 close..ELNK when I talked about it was down 3$ closed up solid.. so did some of the other net stocks picking up from lows.. the shorts were squeezed.. <<Intel Reports Lower Than Expected Second Quarter SANTA CLARA, Calif. (Reuters) - Intel Corp. (Nasdaq:INTC - news), the world's largest maker of semiconductors, reported second quarter earnings that were just below analysts expectations, but said it expected a strong-second half of the year. Intel reported second quarter net income of $1.7 billion, or 51 cents a share, compared with net income of $1.2 billion, or 33 cents a share a year ago. According to First Call, the consensus amonganalysts was for 53 cents a share. >>

To: IQBAL LATIF who wrote (27511)	7/14/1999 3:06:00 PM
From: IQBAL LATIF	Respond to of 50167

CPI number if it is good is good for a 200 point rally, if it is only fair the market will fail at 1410 if its poor like last time get out of the market at first support..in my humble opinion, as always I think it would be good no more .7 this time, good PPI will this time be moirrored.. what a joke this market is.. INTC fails the street test and goes up MOT beats and opens lower, so the moral of the story that more probably than not market has built in some high expectations so it would be sell the news but the post earning-- dip is the opportunity.. may be Yhoo with benefit of hindsight at 145 will look like that so would AMZN after 21st.. but 15th Morning is a very important day for the market.