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Technology Stocks : INTC

INTC 40.03

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Dec 1 3:59 PM EST

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To: Frodo Baxter who wrote (153)	4/9/1997 9:54:00 AM
From: Jules B. Garfunkel	of 990

Lawrence, As you, or some of the older SI followers may remember, I was fortunate to have attended Intel's analyst conference in New York last year. Please also recall that it was after that conference that I returned very bullish and wrote on the Intel thread about the company's long term prospects. John Hull had stated, just prior to the conference, that one of the goals of Intel at that conference would be to change the perception of investors that Intel was NOT just another cyclical semiconductor company. As we have seen subsequently, Intel certainly has achieved that stated objective. I once again look forward anxiously to this year's Intel conference for analysts in early June. That is if John Hull will once again be so kind as to issue me an invitation. Relative to Harry'scomments on Andy Neff's strong support of Intel. Yes Andy has been a very good long term supporter of Intel. Like myself, I can't remember any time in which he vacillated. Although he was premature, a year ago, in stating that he saw a pick up in Intel sales to the corporate market, his observations were vindicated only four months later when Windows NT came on strong. Regards, Jules

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