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Technology Stocks : Intel Corporation (INTC)

INTC 37.81

-4.3%

Dec 12 9:30 AM EST

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To: Chuck Martin who wrote (30877)	9/2/1997 9:29:00 PM
From: Gary Kao	of 186894

This next quarter could be a harbinger of what kind of markets Europe and Asia will prove to be in the next year or so --a watershed to use a cliche. You can see that as absolute percentages of Intel's revenue, Asia ex Japan was rapidly catching up to Europe --from a difference of 12% in Q296 to only 5% in Q297. My sense is that if this difference widens, AND Europe revenues are flat, then Asia will go into a year long funk, and ultimately Intel revenues could be significantly impacted. Especially if more governments adopt Malaysia's idiotic stance. <off topic> why not short the Malaysian ringgit? I bet Soros is doing just that at this moment! Gary

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