Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: AK2004 who wrote (129332)	3/6/2001 6:52:05 PM
From: Tony Viola	Read Replies (2) of 186894

Albert, Grove told investors to ``keep the faith'' and said that five to 10 years from now, Intel will get about a third of its sales from each of three markets: personal computers and handheld devices, servers that run Web sites and databases, and networking gear that connect the two groups. I like that split. Should command a higher PE than just a desktop company. Also: Intel (INTC) 31 1/2 +1 1/8: -- Update -- Hearing from trading floor sources that BridgeNews is reporting that Intel has not changed its outlook for the first quarter despite earlier comments from Chairman Andrew Grove that suggest that tepid demand for PC processors may continue for some time. A spokesman for the company confirmed that Grove did make the comments, but clarified that Intel has already built the possibility that demand may not snap back right away into its guidance.

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