Intc

Yep tech is in full rally mode at the moment, 75% of companies will beat this quarter based on job cutting and reduced costs alone, remember companies can only cut so much.
 
Quote from S2007S:

Yep tech is in full rally mode at the moment, 75% of companies will beat this quarter based on job cutting and reduced costs alone, remember companies can only cut so much.
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did cost cutting cause a big revenue beat? take off the blinders.
 
Quote from Haroki:

NQ closed at 1724.

Bids sitting at 1740 as I type
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By tomorrow morning it will be sitting north of 1750, probably 1800 after google reports. Still decades away from 5000+ though.
 
Don't open the champagne yet, revenue dropped 8% y/y and it's trading at 2007 levels at the moment. Seems the analysts were underreacting for 2008 and are now compensating with overreaction (doomsday expectations).
 
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