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


To: Mary Cluney who wrote (109835)9/13/2000 1:42:33 PM
From: bigja  Read Replies (2) | Respond to of 186894
 
Mary,

I don't think you are missing anything. I am just trying to figure out the bottom so I can cover some calls I have written. What your guess on the bottom for INTC?

My concern is we are still likely to hear a legitimate earnings warning from one of the big tech names. When that hits and is absorbed...then that may be the bottom??



To: Mary Cluney who wrote (109835)9/13/2000 2:00:43 PM
From: Petz  Read Replies (1) | Respond to of 186894
 
Mary, re:<So based on these un-named rumors, the stock goes down 20%. There are no numbers attached to these rumors>

R Whittington, BofA Securities: <<reports continue that Intel is falling short of the mark not just for Q3 but for soon-arriving Q4...>>

A week ago Kumar said CPU units would only rise 5% not 12%. I think its time for Intel to step up to the plate and say that their guidance hasn't changed and everything is going great.

Petz