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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST

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To: Road Walker who wrote (91173)10/28/1999 10:02:00 PM
From: Paul Engel  Read Replies (4) of 186894
 
John - Re: "And if PC prices stabilize, what will the business press have to write about? No more "Intel's profits are being pressured by the dramatic, relentless, unabated, bottomless and hourly drop in PC prices". They may even have to mention the new products"

I didn't roll on the floor, but I laughed pretty hard at this one !

Well, looks like Jonathan Joseph, the Salamander Smith Blarney analyst that LOWERED his Intel earning estimates yesterday - because of TAIWAN problems, Y2K SLOWDOWNS, too much capacity, not enough capacity, too much demand and NOT ENOUGH demand - may have to do a little "rewrite" of that earnings reduction.

Paul
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