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Technology Stocks : Intel Corporation (INTC)

INTC 35.79

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To: Proud_Infidel who wrote (84999)	7/6/1999 7:19:00 PM
From: Paul Engel	Read Replies (1) of 186894

Brian & Intel Investors - A very poignant statement from Joe Osha at Merrill Lynch in his Intel Upgrade memo from today: "We think it's interesting that Intel detractors have focused on the shift in mix in the desktop market without also noting that internet-driven demand is driving sales of Intel's most profitable products as well. Pricing for PII and PIII Xeon products ranges from $824 to $3,692 - a few Xeons into the server market compensate for quite a few Celerons in terms of average selling price. " This "concept" may be where Damn Niles and Merrill/Prudential diverge in their assessment of Intel's OVERALL BUSINESS performance. Paul

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