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Technology Stocks : Intel Corporation (INTC)

INTC 35.94

-5.1%

Nov 13 3:59 PM EST

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To: Road Walker who wrote (97947)	2/1/2000 8:03:00 AM
From: GVTucker	Read Replies (1) of 186894

John, RE: Dell & CPQ say corporate demand is soft because of Y2K, but they both expect immediate recovery. Actually, Dell management stated that February also was not looking good. They were hoping that there might be a recovery after that, but can't provide any data to support this hope. The whole reason that Dell waited so long to warn (they warned 2 days before the quarter ended) was that they thought that in January there would be a sharp recovery form Y2K. Instead, there was no recovery at all, suggesting that the soft corporate demand might have other causes, not the least of which might be Win 2000.

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