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

To: Jay who wrote (42459)12/16/1997 10:26:00 PM
From: Paul Fiondella  Read Replies (2) | Respond to of 186894
 
If you expect a lower profit then you must also expect a lower price.

The stock has not really tested the 60's. After the quarter if it is as you expected the stock should move farther down to a new range. If it keeps up this resistance then perhaps we will have one of those panic sell moves?

In the past those moves have been perceived as buying opps. This time with Asia a continual problem, I can't imagine where the buyers will come from.



To: Jay who wrote (42459)12/16/1997 10:44:00 PM
From: Dale J.  Respond to of 186894
 
<<re: there is historically a glitch during processor transitions. A lowered profit during this quarter would be no surprise to anyone here.>>

Also the BTO Build-To-Order phenomenon and JIT inventory model slowed Intel temporarily. Intel said last November that the BTO inventory problem was ending.


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