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The delay announced by INTEL was PRECEDED by the info that AATT had lost that business to fuji. The delay kind of negates the effect of that loss for a year. A lot can happen in a year to change all of that around. The market is correcting, and AATT was apparently over bought. I doubt it was this much over bought, but the stock was well advanced over the past 12 months. Scary though isn't it?
I am missing something here, I cannot find the news that preceded INTC's announcement. What gives? Was it loss of all of INTC business or just OEM contracts that will deal with laptops since this was what I thought was discussed previously? I bought more at 23 1/2 at 15:45 and still feel we are oversold with the general market and NASDAQ getting killed.
Aaron--This was limited to the laptop situation. No other business was mentioned. I do not recall where the article was but I think it was a newswire release. You probably made the right move buying more at that level.
DoubleD; Try this one, sorry about the first one. investor.msn.com The complete link would not come over in blue. You'll have to write it down or print it out or copy direct to the url address. url ends with "1998/06/02.BW1433"