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Technology Stocks : Intel Corporation (INTC)
INTC 49.25+0.9%Feb 3 3:59 PM EST

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To: greenspirit who wrote (23607)6/2/1997 6:24:00 PM
From: Brian Malloy   of 186894
 
Michael and all all,

Once again the analysts are barking up the wrong tree.
Open the annual report, what you see is stong growth expected in S. America and Asia. I remember a couple of years ago when the analysts completely missed where the growth was happening. All they looked at was book to bill ratio. Unfortunately, they didn't realize that it only looked at North and South America. Boy did they get a surprise and did the stock rise.

Business Week, Fortune have said over past six months that growth would be in Latin\South America and Asia. INTEL basically confirms this in Annual Report. Now they are overly fixating on Europe.

Just my thoughts,
Brian
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