Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 47.14

-6.1%

Feb 10 3:59 PM EST

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To: Muthusamy SELVARAJU who wrote (33927)	10/5/1997 12:38:00 PM
From: Paul Engel	of 186894

Muthusamy - Re: "Why Is Intel's STock Langushing Tom Kurlak (Merrill Lynch) downgraded Intel a few weeks ago citing his opinion that their margins were under pressure, ASPs were down and that the "pipeline" was getting filled with unsold inventory. Basically, whether he was right or wrong, people listen to him and they are uncertain of Intel's NEAR TERM earnings. That is keeping the stock in check. The actual earnings report is due October 14, so that day should be very educational for us all. If you are a long term investor, you will know what to do with this uncertainty. Paul

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