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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Judy who wrote (14455)9/10/1998 6:27:00 PM
From: j g cordes  Read Replies (1) of 120523
 
Re: INTC /below.. implies CPQ, DELL, CC, CPU, just to start a long list of stocks begging supportive news.. instead the news is surprizingly good.

AP/ "The strong demand stemmed from two trends. Computer makers, who use chips as the brains in PCs, bought more Intel microprocessors to replenish stocks depleted in the first half of 1998, when the computer industry aggressively sold out old models to make way for new ones.

In addition, computer makers sold unexpectedly more PCs to consumers in September, Intel spokesman Tom Waldrop said."

P.S. I have to add this comment on Tom Waldrop's analogy that computer makers use chips for brains... ugggh
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