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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?


To: ANANT who wrote (16005)1/12/1998 7:59:00 PM
From: Sonki  Read Replies (1) | Respond to of 27012
 
ll eyes now turn to sector bellwether - Intel... Stock advanced nearly 4 points on
Monday as street betting that company will at least meet expectations (given lack of
warning)... According to Zack's street looking for gain of $0.93... However, whisper
number is closer to $0.90... But Briefing maintains that focus won't be on headline
number but on company's comments regarding future growth as real impact from Asia
likely to be 3- to 6-months off... Street will also be focusing closely on margins, as
increased price competition and growing demand for sub $1000 PCs expected to
pressure company's comparatively high margins... If INTC can deliver the goods across
the board, tech stocks will get a huge psychological boost... On the other hand, a
disappointing number will strengthen the bearish case.