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Intel Corporation Message Board

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  • p3killer p3killer Jun 19, 1999 12:22 AM Flag

    Battapaglia is a huge INTC bull,

    I don't think so. First of all, there is not much
    good news awaiting to help the stock goes up. Second,
    now everyone concerns about the quarter earning
    report. What happens if Intel may not even meet 53 cents
    eps. It could be 48 cents or lower.
    Third, the
    stock will drop some more when AMD announce the K7
    sometime in the next 2 weeks. Finally, there will be more
    downgrades or revise earnings... from analysts that could
    drag the stock go lower. I expect Intel will test 50
    again.

 
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