Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

3:59 PM EST

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To: L. Adam Latham who wrote (110641)	9/23/2000 1:54:35 PM
From: Art Bechhoefer	Read Replies (2) of 186894

In addition to your essentially correct analysis, showing probably only about 2 cents below earlier expectations, note that a great deal of the problem in Europe stems from foreign currency translation losses, owing to the lower value of the Euro against the dollar. Thus, what is really overblown is the notion that somehow the market for Intel products is collapsing, or at least getting much weaker. The more accurate assessment would be that the market is changing, with less emphasis on PC's and more on hand held computers and other devices that involve newer technologies, such as digital wireless communications. While Intel's ultimate success can't be predicted accurately, at least Intel is making the necessary investments to participate in these new markets. Art Bechhoefer

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