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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Stockdoctor who wrote (42416)3/20/2002 9:33:35 PM
From: The Freep  Read Replies (1) | Respond to of 99280
 
<<INTC is slowly leaking bad news...it could lead the charge. >>

I'm curious about this. You think that they're leaking bad news since their (rather silly) update just a few weeks ago? Today's SSB notching down of revenue estimates merely put SSB in the low end of what intel said they'd do (6.6-6.9 billion was Intel's comments, and SSB said 6.7). That's hardly devastating. Also, since March 15th, Intel is in its quiet period, so I dunno if it's leaking bad news, but if you can prove it, I'd love to know.

Mind you, I'm not saying Intel's price is justified. That's a different thing entirely. I am curious about your statement, though. Can you explain?

Thanks,

the freep