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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

3:59 PM EST

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To: Pigboy who wrote (88424)	9/17/1999 1:01:00 PM
From: Paul Engel	Read Replies (1) of 186894

Pigboy - Re: Merced & "I feel like backing the truck up after your last post. ;-)" Careful ! Intel's stock has run way up in anticipation of good news - so the stock is not cheap right now - in the short term. Merced will not contribute to revenues until mid 2000, and the real growth won't come until late the following year (2001) when Merced's second generation processor (McKinley) ramps into production. But when that happens, Intel should see strong earnings contributions from that IA64 family. Paul

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