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

To: L. Adam Latham who wrote (170626)9/5/2002 4:36:55 PM
From: kapkan4u  Read Replies (1) | Respond to of 186894
 
<INTC up 4% after-hours (~$15.70).>

I wouldn't get my hopes up too much. Note that they left a wide range $6.3B to $6.7B. I think that they will come in at $6.4B which will push the stock to around $12 in October. I will probably close the puts I sold today tomorrow for a quick buck or two.

Kap



To: L. Adam Latham who wrote (170626)9/5/2002 4:37:34 PM
From: Road Walker  Read Replies (1) | Respond to of 186894
 
Adam,

I think part of the relief is "All other expectations are unchanged."

I think the market was anticipating GM% declining along with the sales.

Nice size blocks going by in AH.

John


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