Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.11

-1.3%

1:21 PM EST

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To: VICTORIA GATE, MD who wrote (2010)	6/30/1996 8:40:00 PM
From: Joey Smith	of 186894

To All: There was some very positive articles on Pentium Pro in Monday's (actually out now) Investor's Daily. Talks about how Pentium Pro is taking away market share from UNIX, RISC-based servers. Very positive forecast for PP sales for 1997. Also, I have been hearing that Europe and Asian mkts. have bottomed out and expect good growth (2-3%) for 1997. Also, NT 4.0 should be in full swing by 1Q 1997, along with corporate upgrades. I have a feeling that 97 will be a banner year for Intel's business and soon major investment players will start realizing that (and so will its stock price). This stock is WAY TOO cheap based on future earning forecasts. In terms of 2Q results, I expect Intel to AT LEAST meet them, mainly because every CURRENT report says that PC sales are healthy. This is what's important for Intel, not a BTB < 1 or falling DRAM prices (which actually helps Intel). Don't expect a big negative, or else Intel would have preannounced already. I think Microsoft will also have decent earnings, which will help Intel. If INTC meets earnings AND the analyst meeting is generally optimistic, expect the stock to run into the 80s by the end of July. Any comments? I

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