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

To: greg s who wrote (121174)	12/7/2000 5:01:10 PM
From: Dan Spillane	Read Replies (1) \| Respond to of 186894

At Asian crisis stock-price levels I would have to see there isn't much left here to sell. Just an opinion. Investors need to start looking ahead to find more fundamentals, like the X-box next year, and handhelds growth...and the new processors. Obviously alot of this news is already factored in. Intel is down less than a dollar after hours. Looks like a really sold-out market. Bad news factored in many times over.

To: greg s who wrote (121174)	12/7/2000 5:10:06 PM
From: The Duke of URL©	Read Replies (1) \| Respond to of 186894

Far be it from me to criticize, but Intel does 145 Million dollars of sales per business day! It is unclear from the announcment whether the change is more than 1% from guidance. One Per Cent is 86MM. That is of course equal to 1/2 a days sales. And there are still 21 days left in the quarter. Unlike others I could name [:)], Barrett does not spend his entire day looking at the screen, I'm just noodling here, but I'm guessing he has other things on his plate. If you're ever in charge of this type of stuff you will know that the problem is not when to say something, but what to say, how do you really know. Last Q, Intel warned, when it turned out they didn't need too. Nothing is black and white.

To: greg s who wrote (121174)	12/7/2000 5:14:22 PM
From: Saturn V	Read Replies (4) \| Respond to of 186894

Ref < Isn't necessary for Barrett to do the calculations on the road. There are armies of personnel that do this day in and day out, every day. > You are right that the CEO does not perform calculations. But in making projections, the assumptions require executive decisions and inputs. There will be dozens of conflicting opinions on what assumptions should go into the projections, and the CEO or some other senior executive has to digest the conflicting estimates, and issue the marching orders to the army of accountants. In any case Craig should not have repeated the old guidance until this issue was sorted out. Is there a legal liability in this case ?