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

To: Joan Osland Graffius who wrote (39233)	11/6/1997 5:14:00 PM
From: Joey Smith	Respond to of 186894

Tomorrow could be a big Up-Day as well as Down-day... joey Thursday November 6 4:23 PM EST Nasdaq stalls as traders await employment report NEW YORK, Nov 6 (Reuters) - The Nasdaq Composite Index stalled Thursday, losing more than 13 points as traders said they held tight, waiting cautiously for tomorrow morning's U.S. employment report. One trader also said the market was rife with speculation, including that bellwether chip-maker Intel Corp (INTC) might make an announcement at an analysts' meeting tomorrow regarding its fourth-quarter earnings. The trader said that, if the meeting turns out to be positive, technology stocks will shoot up and traders with short-positions will get hammered. ''There'll be a huge short-squeeze,'' he said. The Nasdaq unofficially closed down 13.70 points, or 0.84 percent, to close at 1623.63. The drop erased the Index's more than six-point gain Wednesday. Intel was by far the most active issue, with nearly 23 million shares changing hands. The shares lost 1-1/8 to 73-1/2. Among other heavily traded issues, Applied Materials Inc (AMAT) lost 2-1/16 to 36-3/8 and Apple Computer Inc (AAPL) gained 5/8 to 19. Cisco Systems Inc (CSCO), yesterday's big gainer, lost 12/16 to close at 84-11/16. More news for referenced ticker symbols: AAPL, AMAT, CSCO, INTC, and related categories and industries: Computer-Hardware, Semiconductor, Networking, retail, stock capsules, treasury.

To: Joan Osland Graffius who wrote (39233)	11/6/1997 5:25:00 PM
From: John Chen	Respond to of 186894

Joan, it's 51% that it is not good. "MerryLunch/TK" advised not the right time to buy INTEL, YET". Just reading between lines. I don't like those guys, but they are very good short time market manipulators. Since they just say "YET", maybe the 'YET' is tomorrow.

To: Joan Osland Graffius who wrote (39233)	11/6/1997 9:07:00 PM
From: Paul Engel	Read Replies (6) \| Respond to of 186894

Joan - Re: "Why do you suspect "none of it will be good". Intel will be in a room with 500 Analysts, nearly everyone of which will be drilling Intel for information about the sub $1000 PC, reduced profit margins, not having a "dedicated" chip for the sub $1000 PC, competition from AMD, Cyrix, IDT, Mrs. Field's Cookies, etc., etc. Bacially, Intel will be entering a hostile environment. Analysts will only hear what they want to hear. If they don't hear exactly what they want to hear, they will put a negative spin on what they do hear. If Intel doesn't have an answer TOMORROW for a problem TODAY, then they will conclude Intel is incompetent, losing it in the "new paradigm", unable to cope with market forces, etc. They won't bother to reflect on how Intel got to its current position from just another start-up 29 years ago. They will assume that those hard-earned lessons Intel learned over the past 3 decades cannot be used again to navigate troubled waters by creating new solutions. Read up on the analyst reports that are posted on the WEB - see how many are forcasting for strategic positioning 2, 3 or more years in the future. Essentially, NONE of them do this. They all concentrate on NEXT QUARTER, or Next Week or Tomorrow. The fact that a company may be executing a specific plan to get them to a unique position 5 years out will be lost on these guys. Their (the analysts') audience is fund managers, money managers, etc. They do not represent INVESTORS. Their objective is to rapidly re-direct large amounts of money under the control of a few people from Stock A to Stock B in order to realize a quick profit in Stock B. Paul