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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (1403)6/12/2014 4:56:24 PM
From: Kirk ©1 Recommendation

Recommended By
Gottfried

  Respond to of 26557
 
Thanks for the great news for us long-time Intel bulls

Funny how everyone hated it at EXACTLY the right time to buy.

For the last decade, I've added when about $20 and taken profits between $25 and $32.50, depending on how many shares I added at $20. I may have to take a few profits again. :)

From: INTC: Intraday INTC Chart




To: Gottfried who wrote (1403)6/12/2014 5:47:26 PM
From: Jerome  Read Replies (1) | Respond to of 26557
 
Hi Gottfried,....if INTC has an improved outlook, because of business computers, would that also benefit HPQ, and MU ?



To: Gottfried who wrote (1403)6/12/2014 7:14:01 PM
From: Sr K  Respond to of 26557
 
With 19 days left or ~21% of the days in the quarter,

"Intel Corporation now expects second-quarter revenue to be $13.7 billion, plus or minus $300 million, as compared to the previous range of $13.0 billion, plus or minus $500 million"

so the low end overlaps the prior high end.

Today's low end revenues expectation is $13.4 billion, compared to $13.5 billion at the high end of the previous range, but INTC popped +$1.44 (5.15%) ah. When was the previous range given? Was it mid-quarter, or was today the mid-quarter update?

To have plus or minus $300 million with 19 days to go seems high.