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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: KM who wrote (16660)10/9/1998 7:42:00 PM
From: Judy  Respond to of 120523
 
The Piper Jaffry revision upwards of earnings estimate hit the wires when INTC was sub-82, and the stock continued up thereafter, with heavier buy volume during the program buys of the last hour. Just from a quick glance of the intraday chart.

Interesting that INTC said earlier they would exceed estimates by about ten percent this quarter, yet Piper Jaffry only raised estimates 5 percent ... unless this is not the first revision.


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