IS INTC A GROWTH STOCK? Message Board

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Technology Stocks : IS INTC A GROWTH STOCK?

INTC 37.67

+1.1%

9:51 AM EST

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To: AK2004 who wrote (72)	5/9/1997 11:35:00 AM
From: Glenn D. Rudolph	of 243

Yaacov Martin put another twist on a ppr/pII flaw which might be an indication that the law is worse than originally thought. Albert, I believe this entire issue will a moot point when all is said and done. It does not matter much whether the flaw is significant. The public expects their CPUs to work perfectly. No errors. INTC will recall the "defective" chips like what occurred in the past. There are not that many of these chips out there and the cost to INTC will be very small compared to their current earnings. Negligable as a matter of fact. he pattern of money flow is still indicative of continueing selling of inel by institutional investors (~$-50M). I cannot find any change in the percentage of INTC shares held by institutions. Where did you locate that number of $50 million? Also, investments in INTC shares swing by hundreds of millions of dollars daily. Fifty million is not a big number. Market cap was just shy of 143 billion dollars as of close of market yesterday. A net out flow of fifty million dollars is only .03496503496503 percent of the market cap. It is nothing to be concerned about. Glenn

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