INTC Message Board - Msg: 1232971

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Technology Stocks : INTC

INTC 40.12

+9.1%

12:38 PM EST

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To: Kevin S. Oost who wrote (301)	4/21/1997 7:34:00 AM
From: david gilman reed	of 990

Kevin, IMHO Intel felt that they had to split their shares before June to avoid embarassment to MSFT with whom they are somewhat co-dependent. At the time it looked like INTC's QUARTERLY earnings might exactly coincide with their buddy's ANNUAL earnings and cause some sort of PARANOIA to develope in Redmond. The resulting confusion might cause INTC to go to $400 per share (unsustainable) or MSFT to drop to about $35 per share (unthinkable).---(NOT BOTH). Since then, the 'TREMENDOUS' spurt in M's 3rd qtr (as hyped by MS/CNBC) has ameliorated the situation, but INTC will split in early June BEFORE MS's annual report, just in case. IMHO Keep smiling--DAYVOE

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