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Technology Stocks : INTC
INTC 40.56+10.3%12:59 PM EST
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To: greenspirit who wrote (329)4/23/1997 9:23:00 PM
From: Road Walker   of 990
 
Michael,

Thanks for the information about Jules. I'm wondering how the street will react to IBM's numbers, clearly beat expectations, but due to tax rate/shares outstanding. Earnings from operations were down over 7%, sharp decline in GM (which Jules predicted).

One of the bright sides of their report was PC sales, a plus for Intel. Intel and Microsoft own the technology, IBM has been reduced to buying and selling it.

John
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