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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: ToySoldier who wrote (9896)	8/1/1998 8:21:00 AM
From: Reginald Middleton	Respond to of 74651

<If I am so wrong about Wall Street being able to provide long term accurate predictions about the computer industry, let me ask people like cory: Why was Wall Street caught completely by surprise when Intel's stock was hammered last Feb when they posted a pre-earnings announcement warning? Based on Cory's logic, Wall Street should not have been surprised at all by Intel's lack of chip demand.> Wall street doesn't make long term predictiosn. They just sell them to you. Wall street does have a very long term mentality and they were not caught off guard by the INTC announcement.