Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

Nov 14 3:59 PM EST

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To: Dale J. who wrote (42494)	12/16/1997 11:33:00 PM
From: Paul Engel	Read Replies (4) of 186894

Dale - Re: "Wall Street is focused on AMD and Cyrix and what they might do to Intel's revenue stream " Recently, "Wall Street" has woken up and realized that AMD and Cyrix (now NSM) can only LOSE money. Check put their stock valuations. In Q2/Q3 98, Intel's transition to Pentium II will be very far along and earnings will begin to pick up - assuming the S.E. Asian currency crisis doesn't dump the entire world into a recession. Look for Wall Street to perceive these earnings increases in the fall of 1998 - Intel's stock should then return to historic highs. Paul

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