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Technology Stocks : Intel Corporation (INTC)

INTC 35.81

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Nov 25 3:59 PM EST

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To: Road Walker who wrote (103103)	5/2/2000 2:14:00 PM
From: Harry Landsiedel	Read Replies (1) of 186894

John Fowler. Re: Analysts Meeting I thought of you when I read the following: Intel managers conceded they had underestimated late 1999 and early 2000 processor demand. Answering investor concerns head on, Otellini assured the audience., "I'm comfortable that the amount of wafer start capacity we have is more than sufficient to meet second-half demands." We called it [PC 2000 demand] too close," conceded Barrett. "We were delinquent." Did the analysts' meeting answers some of your concerns? HL

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