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


To: John F. Dowd who wrote (177207)3/4/2004 5:56:41 PM
From: Amy J  Respond to of 186894
 
Techs Rise, Intel Disappoints After Bell

By Bill Rigby

NEW YORK (Reuters) - Technology stocks rose on Thursday, led by Intel Corp. (NasdaqNM:INTC - news), but the world's No. 1 computer chip maker disappointed some after the bell by narrowing its range of expected revenues for the first quarter to the downside.

It's a mild disappointment," said John Waterman, chief investment officer of Rittenhouse Asset Management, talking about Intel's update. "It raises some doubts. The job numbers on Friday may fuel those doubts."

story.news.yahoo.com



To: John F. Dowd who wrote (177207)3/5/2004 9:32:49 PM
From: Amy J  Read Replies (2) | Respond to of 186894
 
John & Thread, Another example of a CEO with a wall of worry to climb. It's good to see CEOs being cautious even in the face of growth. High gas prices could impact the economy. Regards, Amy J

Message 19885230

To:Donald Wennerstrom who wrote (13760)
From: michael97123 Friday, Mar 5, 2004 8:37 PM
View Replies (1) | Respond to of 13766

I am not concerned, well a little. My 120 person firm got the go-ahead to hire thirty folks on 1/1 based on very optimistic sales forecast. No one hired yet. The sales pipeline is filling up. If we dont hire soon we will not be able to meet demand. The hesitancy to hire probably has a brother out there in failure to spend infrastructure. Unless business is willing to commit hari kari, they will be forced to start spending now. ONly the appetizer has been served--the main course yet to come unless it spoils before served. This is all about as dumb as when after it was clear that the bust had come some firms kept ordering and hiring. Thats just a little anecddotal evidence. I hope it helps. Mike