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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: H James Morris who wrote (2306)	7/16/2002 11:55:25 AM
From: stockman_scott	Read Replies (1) \| Respond to of 89467

traders talk... traders-talk.com <<...So while the end of day rally looks impressive on the charts, it had little impact on the McClellan indicators. And while this is an ideal “chart level” for the market to put in a near-term bottom, the McClellan indicators are telling me the danger is still high for the indices to decline further, unless we see strong positive breadth readings over the next few days...>>

To: H James Morris who wrote (2306)	7/16/2002 5:01:51 PM
From: stockman_scott	Read Replies (1) \| Respond to of 89467

16:44 ET Intel Q3 guidance a bit below consensus (INTC) 18.36 -0.76: -- Update -- Working through the Sep qtr guidance, Intel's numbers point to EPS guidance of about $0.13 if you use the midpoint of the revenue guidance range; this is just a penny below the current Multex consensus of $0.14. So it appears that Intel met or just missed its Q2 numbers and is guiding slightly lower for Q3. Furthermore, the company announced job cuts of 4,000; some cuts had been expected. Stock trading down slightly to 18.05 after hours.