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Technology Stocks : INTC
INTC 36.06+4.5%12:36 PM EST
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To: Nuni who wrote (473)6/18/1997 5:04:00 PM
From: PMG   of 990
 
Dear Diane,

this sounds all to simple to me. Intels stragegy has always been to protect investors from sudden surprises in any direction. I think they do that because this also reduces the risk premium on the stock. But this also means that they hint always in the right direction, too.

So the decrease in earnings should rather be even lower.

Gains through splits are a statistical factum. Still the only advantage apart from the optic seems to be an inflow of new capital.

On which reason do you count? Are there any I am ignoring? Will this be enough whith current margin&market share problems?

cu

- PMG
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