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Technology Stocks : Intel Corporation (INTC)
INTC 48.67-0.2%Jan 29 3:59 PM EST
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To: PAUL RUBIN who wrote (3254)9/11/1996 9:20:00 AM
From: Jules B. Garfunkel   of 186894
 
Paul R., Welcome! Your #3255 is an excellent summary of the reasons for owning INTC.

All,
Well! we got a respectable B to B last night. Perhaps the .90 could have been a little better, but for an August, (traditionally the slowest month), it was OK. Unfortunately though, the MOT announcement of this morning will probably delay INTC's and ALTR's upward momentum.
As I pointed out here three months ago, when MOT also cautioned analysts about their then Q2 earnings, perhaps their earnings shortfall could be partially the result of a lack of orders for their "Power PC" chips from APPL.

For INTC to keep its momentum here, we need a statement from Intel today which reiterates that orders for Pentiums and Pentium Pros remains on target, or is ahead of target.
Jules
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