Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Logos who wrote (60134)	7/14/1998 5:23:00 PM
From: TTOSBT	Read Replies (4) \| Respond to of 186894

Re: "Even weirder, Intel was just upgraded by Volpe Brown. That I just don't understand. For Q1, a lot of people thought Intel would miss and instead it beat (lowered) expectations. Next day it rose for a few hours then dropped like a rock. Now, everyone expected Intel to beat the (again lowered) expectations. Instead, Intel misses, and it's being upgraded and may be stabilizing in after hours trading. Well, the results were not horrible or anything, but they weren't pretty either.I doubt it will rise tomorrow, but then again, the market seems to be in a period of exuberance which I, at least, find rather irrational. We'll see pretty soon." If this were the beginning of uncertainty I would agree but it is just the opposite it is the end of uncertainty in Intel's case. TTOSBT

To: Logos who wrote (60134)	7/14/1998 5:41:00 PM
From: Tony Viola	Read Replies (1) \| Respond to of 186894

Logos, >>>"Even weirder, Intel was just upgraded by Volpe Brown. That I just don't understand."<<< That Volpe Brown upgrade came out early this morning, hours before Intel earnings came out. He must have thought earnings would exceed and he could be a hero. About the earnings today, hopefully Intel put all the bad sh*t into them, and it's onward and upward from now on. This is not such an unusual practice. Take revenues (or charges) that are right on the border between quarters and could be put into either. If you're trying to get the "last weak quarter" behind you, err on the side of pushing the good stuff forward. Tony