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Technology Stocks : Intel Corporation (INTC)
INTC 37.89-0.1%Nov 12 3:59 PM EST

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To: Amy J who wrote (90090)10/13/1999 1:57:00 AM
From: Paul Engel  Read Replies (3) of 186894
 
Amy - Re: "- IMPORTANT: INVENTORY LESS THAN EXPECTED... WE DIDN'T ANTICIPATE THIS MUCH DEMAND SO WE ARE PUSHING OUR FABS AS MUCH AS POSSIBLE. Right now, with fabs, we are trying to, I would like to build up inventory in Q4, don't know if we will be able to or not !!!
[Note: This translates to me: a very healthy demand for Q4]"

This looks to be one of the TWO MOST significant points, looking forward - the other being gross margins looking higher by 2% from Q3.

We may have to wait until January for the stock to reflect this.

Paul
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