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

To: Mike Farrar who wrote (53004)4/14/1998 5:07:00 PM
From: RetiredNow  Read Replies (4) | Respond to of 186894
 
INTC announces earnings in line with expectations and bleak outlook, but the stock trades up in afterhours as if this is good news! Boy, I love this country - home of the contrarians!



To: Mike Farrar who wrote (53004)4/14/1998 10:07:00 PM
From: Barry A. Watzman  Respond to of 186894
 
Regardless of what happens tomorrow -- and I do not think that after hours trading is necessarily an indication of tomorrow's direction -- I believe that we have not yet seen the bottom. This quarter's results are real, 2nd quarter forecast is high probability, predictions for 2nd half of the year are as much hope and speculation as anything else.


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