Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.10

+2.3%

Nov 19 3:59 PM EST

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To: Tony Viola who wrote (104557)	6/19/2000 11:00:00 AM
From: Road Walker	Read Replies (1) of 186894

Tony, Kumar projected 30% revenue growth for the June quarter (from memory, he was on CNBC). Intel has projected lower costs, the only negatives (from an earnings perspective) I can see going forward is the increase in capitol spending, and maybe a slowdown in US retail channel sales. The retail slowdown would be more of a blow to AMD, especially with Mr. Sanders projecting a double in Athlon sales each quarter for the rest of the year. I would say this is a good time to own Intel, with nice earnings growth in the works, Itanium hype soon, Willy around the corner, split in July (I think?). I also wouldn't be surprised if the new divisions started to get some recognition by the end of the year. John

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