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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 45.51+10.7%Jan 9 9:30 AM EST

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To: William Hunt who wrote (11405)10/14/1997 10:56:00 PM
From: Sonny McWilliams   of 27012
 
Bill, thanks for the Brief.news. Yes, some of the news was better than expected but I do think that we will have to wait for a much better stock price until next year. But a 20% increase in sales is nothing to sneeze at. I think some cos. would give their eye teeth for this. Only caveat I could see is: With higher sales came also lower earnings overall, due to lower profits in some of their products. 3 cents diff, is not that much even though I can't remember Intel coming in under estimate. I was hoping for a less cautious conf. for the next qtr. I still remember though that Intel was supposed to be a 27% grower as late as last qtr. Of course that were analyst's assumptions and the year is not over yet in the count down for growth.
Maybe introduction of Merced on Thursday will get things moving.

Sonny
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