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

To: wanna_bmw who wrote (155577)	1/15/2002 11:49:47 PM
From: tejek	Read Replies (1) \| Respond to of 186894

Ted, Re: "Were Intel's numbers good enough to cause a Nasdaq rally?" The Nasdaq has already rallied quite a bit over the last month. These numbers now somewhat justify the overly high levels. I would expect INTC stock price to now fluctuate by a few points, but probably remain over $30. wbmw, thanks. While INTC and AMD have been moving up nicely the last month, most of the rest of the Naz has been stuck in a trading range. I am hoping that earnings this quarter will give the tech stocks some lift; particularly, since YOY improvements will start to look better going forward. However, while INTC's report was good for current economic conditions, it seems everybody is focusing only on the capex cuts and their impact on the equipment makers. :~(( ted