one more step for techs

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    Intel said it expected revenue of as much as $7 billion in the fourth quarter, which would beat the expected 4 percent to 6 percent revenue increase analysts expected. With revenues of $6.5 billion in the September quarter, revenues of $6.8 billion to $7 billion would equal an increase of between 5 percent and 8 percent.

    "Everybody was waiting for an uptick in technology orders, and this should be helpful to tech stocks [Friday]; but to be sustainable, it has to be ratified by other companies," said James Awad, chairman of Awad Asset Management. "It could be the beginning of something very positive."
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