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


To: Harry Landsiedel who wrote (67626)10/30/1998 7:00:00 PM
From: Road Walker  Read Replies (1) | Respond to of 186894
 
Harry, re: "the more I follow Intel the more I believe that most of the gurus can't estimate this one very well"

The time frame I'm mostly thinking about for nice appreciation in Intel is to or through 4th quarter earnings release (as far as I would like to guess). The news out of the 3rd quarter I think was very positive, but sometimes it seems to take the institutions a while to put their dollars down. As we approach the next earnings report, I think the momentum will build in the stock, based on the increased expectations from the last report, and a little more sense of urgency to have a piece of the action. Most of the money now seems to be going towards the (fairly or unfairly) beaten-up sectors or stocks, you can't really put Intel in that class, as it has held it own in the recent turmoil.

And thanks for remembering old posts, you are one of my few people marks and I respect your opinions. And, I hope you are right about CPQ.

John