Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 50.59

+4.9%

Feb 6 9:30 AM EST

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To: Smart Investor who wrote (4142)	10/14/1996 6:44:00 PM
From: Fred Fahmy	of 186894

Intel's earnings history does not back up your assertion that this is a cyclical business. Earlier, John Hull was kind enough to post a quarter by quarter history showing steady continued growth for the past several years. Computers are not a cyclical business either. PC sales have been steadily increasing at double digit rates for several years with no end in sight. The cyclical nature of the technology industry pertains to a group of non-proprietary commodity chip manufacturers such as MU. Your reference to MU shows you lack a general understanding of the technology industry. FF

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