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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Roger A. Babb who wrote (651)1/13/1998 8:35:00 PM
From: craig crawford  Respond to of 18691
 
Well I have to admit I was wrong about INTC. Even with the higher tax rates they would have exceeded estimates.

This is what makes the stock market interesting. If the market was in a foul mood a forecast of flat sales and declining margins would chop 10 points off INTC price.

Knock their stock down for a few months and reduce expectations and INTC will get a 10 point ride to the upside with these #'s.