Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: puborectalis who wrote (90107)	10/13/1999 6:38:00 AM
From: puborectalis	Respond to of 186894

Kurlak where are you....Osha can't predict any better than you!....Merrill Lynch, for instance, in an "earnings preview" sent out earlier this week, forecast Intel to come in at 60 cents a share. The report predicted gross margins improving to 61.4 percent. The analyst who wrote the report, Joseph Osha, said late today that he wasn't going to talk to the media about Intel until he "decided what he was going to do" – presumably referring to whether or not he would change his "buy" rating on the stock.

To: puborectalis who wrote (90107)	10/13/1999 9:04:00 AM
From: Tony Wang	Respond to of 186894

Thanks for the posting. It is a good analysis of the 4th quarter possibilities. Seems to me, that with the delay of "Coppermine", and Intel's statements of low inventory, unforseen demand (in the 3rd quarter), the 4th quarter could be better than anticipated. This stock has paid the buyers on setbacks since its inception. I think this time it is no different. I hope they kill it so I can scoop some up below $70. FYI: The last time Intel had a correction from its previous high of $70+ to $50, the range was $20. This current high of $89 minus $20 will get $69. I think that is where you will find good strong support for Intel. Often, the length of the legs of corrections are equal to eachother. Good Luck Trading,