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


To: John Koligman who wrote (121168)12/7/2000 4:55:00 PM
From: rogermci®  Read Replies (1) | Respond to of 186894
 
It goes higher...I have my order in for the reopen. 31 limit...hope it hits. Sell the rumor, buy the news.



To: John Koligman who wrote (121168)12/7/2000 5:00:49 PM
From: t2  Read Replies (1) | Respond to of 186894
 
Anything can happen, but I would be VERY surprised if it trades higher. Most of the decline has already occurred, but the stock will take a hit, and recovery will most likely hinge on what if anything they say about business going forward. The other thing in regard to predictions is this - not too long ago Intel couldn't meet demand. Look where things are today.

Maybe I was too optimistic about trading higher afterhours but I think it has a good chance to get back to 32 before the cc.
Tomorrow, I would expect it to close at a higher level by end of the day.

MOT's warning was pretty big and it closed almost flat on a down day!

Everyone expected it and therefore it is not really news; it is more like an uncertainty lifted.

Conference call might be an additional factor.



To: John Koligman who wrote (121168)12/7/2000 5:04:35 PM
From: tejek  Respond to of 186894
 
Anything can happen, but I would be VERY surprised if it trades higher. Most of the decline has already occurred, but the stock will take a hit, and recovery will most likely hinge on what if anything they say about business going forward. The other thing in regard to predictions is this - not too long ago Intel couldn't meet demand. Look where things are today.

John,

Was down to $30 3/8 but now trading around $31 1/2 in AH. I think it will go down a little tomorrow but won't stay down for long.

ted