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

To: Lizzie Tudor who wrote (174959)	7/1/2003 8:27:17 AM
From: GVTucker	Respond to of 186894

80¢ is still under the consensus of 81¢. It's an old analyst trick. On a stock you recommend, keep a low estimate. Then you can raise the estimate later and say how wonderful things are, even though they haven't changed. Just look where the analyst was before yesterday--70¢, well under consensus. Either he's got a very bearish view of the stock and the economy, or he was just sandbagging. Well, he used a 10¢ rise in his estimate to coincide with raising his rating. Heck, they're all just guessing at a 2004 estimate, anyway. One thing I'll guarantee you--that 80¢ number will be wrong.