Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 40.03

-1.3%

Dec 1 3:59 PM EST

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To: Sonki who wrote (43638)	1/2/1998 5:38:00 PM
From: Dale J.	Read Replies (1) of 186894

<<re: why do u say 85? this is probably 12 month target for intel. >> Sonki: Thats a good question. I just think the estimates of 9% growth for the year has been factored into the stock. Intel will have significant growth the 2nd half with the release of NT 5. Intc is now competing in every segment from the Pentium MMX at the very low end to the PII 333 and 400 at the very high end and they have reduced prices to a point where AMD and Cyrix no longer offer a compelling price advantage (JMO). We have had sequential qtr to qtr top and bottom line declines, but after January's earnings I think we will see sequential qtr to qtr Top and Bottom line growth. I also think AMD and Cyrix will seem less of a threat now that Intel covers the pricing segments from $700 PC's to $4,000 PC's (JMO) Dale

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