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

To: tejek who wrote (155630)1/15/2002 11:43:07 PM
From: Dan3  Respond to of 186894
 
Re: Joe, you're saying that Intel's earnings were good enough that it caused Australian stocks to rally since Nov, 2001?

Those were SOME numbers, eh?

:-)



To: tejek who wrote (155630)1/15/2002 11:58:22 PM
From: Joe NYC  Read Replies (1) | Respond to of 186894
 
Ted,

What I meant was that the anticipation of some improvement in earnings fueled the recent rise in Nasdaq, and Intel numbers fulfilled the expectation. Where we go from here on Nasdaq? I would take Intel info as a slightly positive. If the drop-off from Q4 to Q1 is less than normal seasonal pattern (or even flat or up), it would signal that things are continuing to improve.

Joe


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