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


To: denni who wrote (102886)4/25/2000 3:08:00 AM
From: Kenith Lee  Respond to of 186894
 
RE: Mark Edelstone

This guy just upgraded Intel the morning prior the earnings. Why didn't he wait until the number rolled out before making the buy reco? This is classic pump-and-dump.

There were 14 weeks in Q1. That's 7.7% extra in revenue. Take that off and compare it to other quarters. It will not look as a decent quarter to support a $130 stock. I am sure Intel will use the 13 week adjustment if Q2 is not so decent.