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Technology Stocks : Intel Corporation (INTC)
INTC 50.57+4.8%Feb 6 3:59 PM EST

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To: Paul Engel who wrote (33736)10/3/1997 1:33:00 PM
From: Jim Patterson   of 186894
 
Kurlack said that Earnings may be light.
I am hearing that sales mix was towards the low end.
I am also hearing that ASP's will be below $225, with the trend down continuing into the 4th Q.
Meaning that the 4 th Q may be a down quarter sequentialy.
For a stock at a 5 year high PE, that is fairly poor Earnings preformance.

The Worth article may be the signal that the Top is at hand.

Jim
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