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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: xstuckey who wrote (88137)	9/11/1999 12:17:00 PM
From: The Duke of URL©	Read Replies (2) \| Respond to of 186894

The answer is "it's unclear". There is of course a bright line for companies choosing to make there own announcements, they must be accurate. This issue is whether a company has the duty to correct an inaccurate announcement that has been made by another. Maybe, how material/wrong/factual is it, maybe. If it is an opinion of another, probably not. Here the issue is "will they preannounce". By not preannouncing they have responded. Are they required by securities laws? A few cents, may not be material. But it is simply good business to bring expectations in line with reality, if expectations are seriously out of whack AND the company FIRMLY KNOWS this. You are correct, none of this has anything to do with some arbitrary "30 days". INTC has been giving guidance all along, nothing has changed. It has been relatively positive. This might in arithmetic terms mean 2 cents below or 10 cents above, both could be gleaned from existing guidance. It is interesting that Dan Niles, who 'magically'* manages to get Earnings to the exact penny has been strangely silent. Gee, I wonder if the Bank of Boston, his bank is out loading up on INTC. I do not know who their MM is, but anyone with Level II could tell us. IMHO, Duke *My guess is that Bank of Boston has some loans on something and those loans have income commitments and somehow the unit sales have to be turned into the bank. This certainly would explain why Danny Boy is always right on the numbers while evidencing ZERO business sense.

To: xstuckey who wrote (88137)	9/11/1999 3:03:00 PM
From: Barry Grossman	Read Replies (2) \| Respond to of 186894

X, In 1996, Intel preannounced either after the close on Sept 16 or before the open on Sept 17, creating the "gap at 90" (currently at 22 1/2 after splits) You made me look it up. Date Volume High/Ask Low/Bid Close 9/3/96 6,271,700 81 7/8 78 1/2 81 5/8 9/4/96 4,922,200 82 1/2 81 3/8 82 1/4 9/5/96 6,771,500 82 80 3/8 80 5/8 9/6/96 4,856,500 82 1/8 80 1/2 81 1/4 9/9/96 6,986,400 83 5/8 81 1/4 83 1/2 9/10/96 9,713,100 84 1/2 82 3/4 84 1/4 9/11/96 5,828,600 85 1/8 83 3/4 85 9/12/96 6,129,200 85 5/8 84 5/8 85 3/8 9/13/96 10,344,300 88 1/2 85 1/2 88 1/8 9/16/99 8,559,800 89 3/8 87 5/8 88 5/8 9/17/96 19,011,700 95 92 3/8 94 1/4 9/18/96 12,849,700 97 1/2 93 3/8 95 5/8 9/19/96 8,212,100 97 1/2 95 97 9/20/96 9,842,400 98 7/8 96 97 3/8 9/23/96 5,934,200 97 95 1/4 95 3/4 9/24/96 7,896,000 97 3/4 96 1/8 96 1/2 9/25/96 5,740,000 97 1/2 96 1/4 97 1/4 9/26/96 10,018,000 99 1/2 96 1/2 97 3/8 9/27/96 4,128,300 97 3/4 96 1/2 96 7/8 9/30/96 5,233,300 97 95 1/16 95 7/16 So....it can still happen, can't it. And then there was this: Date Volume High/Ask Low/Bid Close 10/1/96 6,971,800 96 3/4 94 1/4 95 3/4 10/2/96 8,982,600 99 3/8 95 7/8 99 10/3/96 8,877,000 100 1/4 98 1/8 99 1/2 10/4/96 5,505,600 101 3/4 100 101 11/16 10/7/96 5,489,500 105 101 5/8 104 5/8 10/8/96 13,908,300 107 101 3/8 101 5/8 10/9/96 13,014,500 104 100 3/4 100 3/4 10/10/96 8,377,400 101 7/8 99 1/8 99 7/8 10/11/96 10,944,100 105 3/8 102 1/2 105 3/8 10/14/96 10,982,000 108 1/4 105 5/8 107 5/8 10/15/96 19,889,000 114 1/4 109 3/4 111 1/8 10/16/96 10,795,500 113 109 1/16 112 5/8 10/17/96 8,310,100 113 7/8 110 3/4 110 3/4 10/18/96 7,592,000 111 109 1/4 110 10/21/96 8,211,200 111 1/4 107 1/8 107 3/4 10/22/96 12,084,200 107 3/4 104 3/4 105 1/2 10/23/96 10,294,600 109 1/2 104 3/4 109 3/8 10/24/96 8,529,900 111 1/4 107 1/2 107 1/2 10/25/96 6,951,700 109 3/8 105 3/8 105 3/8 10/28/96 7,621,000 107 1/2 105 5/8 106 10/29/96 9,689,600 107 1/4 103 3/4 104 3/8 10/30/96 8,729,400 107 3/8 104 3/4 106 3/4 10/31/96 9,192,300 110 1/8 107 1/8 109 7/8 bg