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


To: D. Swiss who wrote (102455)4/17/2000 11:51:00 AM
From: Tony Viola  Read Replies (1) | Respond to of 186894
 
Drew, re split, good question. Intel, in their traditional conservative way, likes to see the stock "safely" above a certain amount, maybe $120, for a few months before deciding to split. That was looking good until the last 2 weeks. Now, I don't know (of course, they might have decided to split the stock before that and might proceed now). Remember, it was in the 80s as recently as January. Your guess is as good as mine.

Tony



To: D. Swiss who wrote (102455)4/17/2000 11:58:00 AM
From: f.simons  Respond to of 186894
 
>>Tony, do you or anybody think there will still be a split announcement tomorrow when INTC reports?<<

My vote is no. Share price is a little low right now and Intel has not established a firm base in the traditional 130-150 range that splits are announced in. REALLY blow-out earnings could change my prognosis, but I just don't feel like earnings are going to be huge. Good, yes, but not enough for management to think that a firm, sustained move to ~140 is imminent. Hope I'm wrong.