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

To: jeff lipschutz who wrote (49357)3/4/1998 4:50:00 PM
From: Winston Kim  Read Replies (1) | Respond to of 186894
 
NOT GOOD!!!!

Intel Corp (INTC) 86 7/16 +1 1/8: chip giant warning that it expects Q1 revenues and net to fall short of Street estimates; expects a 10% sequential
decline in revenues from the $6.51 bln reported in the 4th qtr, or approx. $5.86 bln; puts gross margin at 53%; cites weaker than anticipated demand for
the shortfalls....



To: jeff lipschutz who wrote (49357)3/4/1998 4:55:00 PM
From: Andie Wei-Ku Lin  Respond to of 186894
 
Well, S&P's are only down 10 points or so right now, after falling down to -11 or so for a second. Let's just see where they stabilize at. I mean, last time there was this type of warning, S&P's quicly fell to lock-limit -15.


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