Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 40.56

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Nov 28 9:30 AM EST

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To: margaret tasset who wrote (13593)	11/25/1997 8:00:00 PM
From: Frank Ellis Morris	Read Replies (1) of 27012

Good Evening Margaret, * Morgan Stanley said that analyst Mark Edelstone cut his 1998 earnings estimate on shares of INTEL CORP to $4.00 per share from $4.20 per share to reflect lower margins. Edelstone said with the exception of high-end notebook personal computers, believes overall PC demand remains strong. "However, we believe more aggressive Pentium II microprocessor price cuts will lead to lower-than-expected revenue growth and gross margins in the first half of 1998," he said in a research note. Believes PC sell-through has been strong so far in the 4Q and thinks Intel will achieve its guidance for slight sequential revenue growth and flat to slightly higher gross margins, Edelstone said No thanks to the brokerage house for trying to manipulate a mass panic today with there downgrading of Intel during a time when the world is especially sensitive to the asian and Japanese crises. May their future meet with collapse and demise as there underhanded and sleaze tactics will hopefully catch up and get them booted from the securities business. Did not we once had a run in with this idiot here on the Intel thread? Thanks to Dell and a strong performance of IBM the tech sector was not creamed. Hope you had a nice day and are enjoying the evening. Frank

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