INTC NEWS and Buy

Friday, January 4, 2008

S&P futures vs fair value: -11.5. Nasdaq futures vs fair value: -27.5. : Stock futures continue to decline on the weaker than expected employment report. Dow Component Intel (INTC) is set for another lower open today, which follows its 7.5% decline during the first two days of trading in 2008. This session’s selling pressure comes after Intel was downgraded to Neutral from Buy at JP Morgan. Shares of Bed Bath & Beyond (BBBY) are set to sharply decline at the open after the company reported earnings that met estimates, but provided fourth quarter guidance well below expectations.


I bought 200 shares of INTC premarket @ 23.75 for a total of 600 shares< i feel this is a Great Buying Oppurtunity