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

To: Oeconomicus who wrote (7068)4/15/1998 5:16:00 PM
From: Bald Man from Mars  Respond to of 18691
 
<<Cracks in the foundation? Does a house of cards have a
foundation?>>

What the hell do you think they are standing on ...
Apple just report good earnings, might give the market a lift ???

I thought INTC will join the market euphoria back to the 90s.
Is Kurlak trying to get some INTC inventory for his clients ???



To: Oeconomicus who wrote (7068)4/15/1998 7:09:00 PM
From: Pancho Villa  Read Replies (4) | Respond to of 18691
 
>IMO due to the Street's initial positive reaction to INTC's earnings, and none of them sold off much late in the day when INTC did.<

RDB: IMO the street is on dope:-)

Pancho



To: Oeconomicus who wrote (7068)4/15/1998 10:05:00 PM
From: craig crawford  Read Replies (2) | Respond to of 18691
 
<< What I can't figure out (kidding of course - I don't really expect analysts to be rational) is how most of the Street could interpret a 20% year-to-year decline in eps, projected further deterioration of revenues and margins, $200 mil hacked off the CAPEX budget and shrinking payrolls as a bullish scenario. >>

They don't. But INTC has done nothing for 8 months and is well off it's highs. The bad news is priced in for the time being.


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