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Technology Stocks : Intel Corporation (INTC)
INTC 47.93-5.2%9:39 AM EST
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To: Richard Rutenberg who wrote (1634)6/4/1996 8:45:00 PM
From: H.P. Yee   of 186894
 
Richard,

You have some very interesting points, I don't know enough to agree
with you on every point. However, I do agree that INTEL is excessive
staffed, especially when compared to their competition.

But, I think there are a lot of growth potential for its stock for
the following reason:

1) Intel is moving into the WORKSTATION market, a new market for INTEL
and taking shares away from SUN, HP, IBM.

2) maintaining its hold on the PC market, with a major upgrade cycle coming.

3) getting into the potential of INTERNET, excite wall street to
accept higher P/E ratio of INTC
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