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Technology Stocks : Intel Corporation (INTC)

INTC 42.53

+6.3%

3:56 PM EST

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To: Glenn Barrera who wrote (61083)	7/24/1998 1:39:00 PM
From: Paul Engel	of 186894

Glenn - Re: " First off, most people were counting on intc to shift entirely to PII by now (w/ the ??? high margins). " Intel has been making essentially 100% Pentium II/P6/Celerons/Xeons wafers for over two months. Pentium MMX wafer starts were terminated at the end of Q198. Current Pentium II shipments hit about 50% several months ago, ahead of Intel's schedule by about two months. Re: " that estimates were for intc to be making $4.80 for '98. Do you recall, how many times since then the numbers have been revised?" They get revised all the time. Intel's EPS is down - but still highly POSITIVE - PROFITABLE. As for NSM - buy some more - it is on sale today. Paul

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