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


To: puborectalis who wrote (90034)10/12/1999 9:14:00 PM
From: The Phoenix  Read Replies (2) | Respond to of 186894
 
stephen,

No gloom and doom. Intc is a great company. but the FACT is they missed expectations in an already overheated NASDAQ.

reported third quarter earnings that were slightly below analysts' estimates

And are forecasting a "seasonally strong" fourth quarter ignoring what might happen. No Y2K coverage in the call or in the report. Not that I'm predicting any...but what if? If you didn't own a PC and were even the slightest bit worried about Y2K..why wouldn't you wait until January to buy...just to be sure?

OG