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Technology Stocks : Intel Corporation (INTC)
INTC 46.47-4.5%Jan 30 9:30 AM EST

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To: Paul Engel who wrote (35108)10/15/1997 4:21:00 PM
From: Mary Cluney   of 186894
 
Paul,- Re: >>>That is the system - and how its played.<<<

We had a rough day and maybe we'll even have a rough quarter. Those of us who have gone through this before with Andy Grove know the drill.

Andy Grove is the professor you hated and he treats all his students (analysts) the same way - with great disdain. Either you get his guidance, which is minimal, or you don't. (If you went back and looked at your notes from last quarter conference you would have come up with .88). We just didn't want to believe it.

In your heart you know he is right - in the long run. Only you think there may be more than one way of doing things. Like the way Microsoft kisses up to analysts and the way they hold hands.

Dr. Grove is not going to play that game - not even if it means a much higher PE. I know, I know - long term. But, long term I'm .....

Going to get over this,

Mary



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