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Technology Stocks : IS INTC A GROWTH STOCK?
INTC 38.16+2.5%3:59 PM EST

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To: Jon Klaus who wrote (13)5/2/1997 6:16:00 PM
From: Yaacov   of 243
 
Jon,

I have to compliment you on your clear vision. You have a good choice
of stocks when you mention Chrysler. I have owned a few shares since
early 80's.It is hard to beat.
As you mentioned, the tech stocks are leaading the Dow, this could definately mean that the old equilibrium in 70's and 80's has changed. I have a question that maybe you can answer, how much technology can we digest? I am sure that INTC, in some laboratory drawers have the next generation of chips much faster than PentiumII. (pls. correct me, is it Merced?) Do we need pc's that fast? Are we willing to spend more to buy PC's that run on 600 MHZ chips? what are the limits the
consumers are willing to go?

Thank you in advance for your comments,

Yaacov
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