Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Pravin Kamdar who wrote (41061)	5/24/2001 4:13:51 PM
From: dougSF30	Read Replies (1) \| Respond to of 275872

Damn, so much for our INTC puts :) [Edit: But I suppose AMD might trade up in sympathy, if this is confirmed, making AMD calls behave nicely. ]

To: Pravin Kamdar who wrote (41061)	5/24/2001 4:33:29 PM
From: Petz	Read Replies (1) \| Respond to of 275872

Pravin, I think they are wrong about Intel reaffirming guidance. This piece shows that they reaffirmed their capital spending plan and are still "hopeful" about a second half rebound. 3:10PM Intel (INTC) 29.14 +0.34 (+1.2%): -- Update -- Technical -- Encouraging push off support just above 28 (50 day simple ma/retracement) this afternoon. Continued short term posture above 28.6 sets the stage for a retest of the recent high (30.4) and potentially the recovery high thereafter (32.52). Patterns and indicators are currently supportive. ... 2:30PM Intel (INTC) 28.75 -0.05: -- Update -- BridgeNews also reports that Intel is still hopeful orders will pick up in the second half of the year. 2:28PM Intel (INTC) 28.75 -0.05: BridgeNews reporting that Intel reaffirms its 2001 capex estimate of $7.5 bln; Intel is holding its annual meeting today. There has been much skepticism that Intel will hit its $7.5 bln capex target, though reaffirmation of the target is often seen as good news for the semi equipment cos. finance.yahoo.com Petz