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Technology Stocks : Intel Corporation (INTC)
INTC 46.47-4.5%Jan 30 9:30 AM EST

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To: john o who wrote (1861)6/17/1996 10:30:00 AM
From: Burt Masnick   of 186894
 
To all - from a long term holder.

Attention will turn to earnings and earnings
predictions for the next two quarters. In
order to return to the catagory of growth stock,
the street will want to see earnings of at least
$1.09 for this quarter and $1.20 for the next. If
earnings exceed these levels than it will appear safe
to start assigning PE goals in the 20's in the belief
that sustainable growth is in the cards for INTC. From
what I can see, these numbers look pretty safe. Great
new products and great prospects. With all due respect to
Cyrix, it ain't gonna take a serious bite out of the INTEL
apple. Speaking of Apple, there is a real possibility of
a genuine implosion, which ultimately boosts INTC. While
I don't wish Apple ill and I admire their past contributions,
I don't think they can pull off a successful repositioning of
their products without shrinking a lot more.

This morning Sony announced two new PC's with Pentium processors.
It will be interesting to see it Sony becomes a volume player
in the PC world.

Burt (Holder of INTC since 1983)
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