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

To: Mike Farrar who wrote (53100)	4/14/1998 6:13:00 PM
From: yard_man	Read Replies (1) \| Respond to of 186894

Investors (not traders) ought to pay attention to the decline in revenues. The first response which trim some of the share price was the correct one, long term. Wait and see. Analysts are the ones that play these games; they are to be expected.

To: Mike Farrar who wrote (53100)	4/14/1998 6:19:00 PM
From: Jeffrey Chan	Read Replies (3) \| Respond to of 186894

I think there are several reasons to explain why INTC is moving big now: 1. Earning estimation confusion. did they meet or beat by 9 cents? People tend to think they beat a handful. 2. Very optimistic, people started to shake off 2nd Q Woo and look into 2nd half which most companies won't make bad comments now. If this sentiment grows, the index will move higher in the near future. 3. INTC announced 3000 job cut and capital spending cut, which is what investors like to hear most. I'll look the behavior of market tomorrow. If INTC leads market higher, I believe the DJ are heading 9500 and NASD are heading 1900. /Jeff