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Technology Stocks : Intel Corporation (INTC)
INTC 37.38-2.5%1:32 PM EST

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To: L. Adam Latham who wrote (83890)6/19/1999 2:57:00 PM
From: John F. Dowd  Read Replies (2) of 186894
 
LAL & Paul: "'These are not major hiccups, just minor issues,' said Ashok Kumar, an analyst at US Bancorp Piper Jaffray. 'It is a black eye in that (Intel's) production has been flawless' in the past."

This guy doesn't understand. These are not production chips and the reason they are flawless in production is just exactly why they are delaying this introduction. At present the yields are just not there. It is unbelievable that this bozo doesn't know the difference between samples and production.

This is a great buying opportunity. There is no other company so well positioned to capitalize on what is going on in the high tech world than INTCselling at such a modest PE ratio.

JFD
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