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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Brad Rogers who wrote (49908)7/14/1998 5:28:00 PM
From: Darren  Respond to of 61433
 
***** OT *****

INTC conference is nuts. INTC looks good. 2Q was horrible, but 3Q and 4Q look conservatively better. INTC is only up 17% for the year, DELL up 154%. Look for that gap to close.

There is a conference call at 2:30 PDT you can get if you have Real Audio. Go to INTC web site.

CFO will be on CNBC at 4:00 PDT.

My lame prediction: pullback, then rise first to 85, pause, then to 90, pause, and if we are really lucky, 102. At some point in the 3Q, INTC will be over-bought at some price between 90-102, and could be higher depending on market. Actually earning that potential will take 2 quarters...