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Technology Stocks : Intel Corporation (INTC)
INTC 46.47-4.5%Jan 30 9:30 AM EST

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To: Kumar Nathan who wrote (23702)6/3/1997 1:14:00 PM
From: AK2004   of 186894
 
Kumar - you asked for update? (LB) ** INTC MEETING UPDATE ****************************************************************************** The INTC meeting in NYC is currently underway. A key highlight from our point of view is the focus on transition. According to a chart from Craig Barrett it appears microprocessors won't be 100% 0.25 micron until sometime 1999. A chart from Paul Otellini suggests that 3Q97 P2 sales will be less than 15% of total revenue (which we guess will put INTC in the range of 1.7-2 mil. units; in line with our estimates but below some street targets)
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