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Technology Stocks : Intel Corporation (INTC)

INTC 40.87

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3:25 PM EST

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To: Paul Engel who wrote ()	3/5/1998 11:43:00 AM
From: Mohan Marette	Read Replies (2) of 186894

Ashok Kumar(analyst d'jour) on CNBC talking about Intel-'Good buy'(nothing we didn't already know). Paul: I just saw (on CNBC) this guy Ashok Kumar of Pipper Jaffrey,and he says things should turn around in the second half for Intel and nothing has changed as far long term outlook for Intel. Says he: 1)Aisa Pacific growth for Intel still at a healthy 10% (no Asian flu) 2)Europe is smoking 3)USA healthy 4)only drag coming from Japan. 5)He thinks healthy European growth coupled with North America should make up for any slow down in Q1 and Intel should be back to normal by middle of the year. 6)Recommends Intel as a core holding for any serious investors. Not that I pay much attention to this guy Kumar (seems like he is the 'Analyst d'jour these days,wonder how long that will last),more than I do Kurlak. Anyway he hasn't said anything new as far as I am concerned,you??

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