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Technology Stocks : Intel Corporation (INTC)
INTC 46.74-3.1%2:31 PM EST

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To: Bernard Newman who wrote (6005)12/5/1996 2:47:00 PM
From: Tony Viola   of 186894
 
Bernard, RE: "Jean-St,
It might not be as "grim" as painted. An article in the Wall St Journal mentioned that
consumers might be waiting for MMX and giving "IOUs" for a new computer for
Christmas."

I don't know about people waiting for MMX. Whenever I mention MMX to anyone, they've never heard of it...and I work at a computer company, if that means anything. Yet, analysts keep raising 4Q revs and earnings estimates for Intel, while we hear about slower than expected computer sales this season from the retail outlets. Corporate and overseas sales must be going crazy. Or, maybe people are going to the smaller mom and pop computer shops that are springing up all over the place, at least in Cal, instead of the Best Buys, Comp USAs, etc..

Tony
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