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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (30593)10/13/1999 7:23:00 PM
From: Jack Banana  Read Replies (1) | Respond to of 74651
 
INTC OUCH!!

My optimism from yesterday was obviously premature. On the bright side, my concern for the MSFT impact/correlation didn't materialize -- at least not yet.

Boy, it really torques me when EPS of just $.02 below some cornball analyst's estimates hits stock prices so hard. History has shown that these analysts have basically no clue as to what they are doing. My take on the situation is that INTC reported the correct number for EPS, and the analysts are just lousy estimators!! I suggest their bonuses be docked every time they are off target on the companies that they are paid lots of money to follow.