Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.20

+0.1%

Dec 26 9:30 AM EST

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To: Diamond Jim who wrote (92912)	11/25/1999 1:34:00 PM
From: Diamond Jim	Read Replies (2) of 186894

personalwealth.com Q: Is it good or bad news that Intel can't meet demand for high-end chips? A: The supply constraints are a result of strong demand and not due to any supply problems. We view this as positive for Intel's December quarterly earnings performance. PC-unit demand has been strong during the current quarter and is not being adversely affected by Y2K. Furthermore, first-quarter 2000 is likely to show only normal seasonal PC slowness without any post-Y2K weakness. We believe Intel's business should improve in 2000 for a number of reasons. Stabilization of pricing, strong unit demand, improved product mix, and dramatically lower costs should lead to enhanced earnings growth. We have a 12-month price target of 100

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