Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: Tony Viola who wrote (45225)	1/13/1998 5:35:00 PM
From: Johnnie W.	Read Replies (4) of 186894

Don't celebrate too soon! Profit margins are declining and INTC indicated next several months should be flat!!! I remember when Micron Tech. started its decline (from the $80/share price) it also beat estimates then finished up only 3/8 the next trading day then began its long decline. Fears of the Asian Contagian, regardless how irrational, will continue to linger far beyond these 4th quarter results. I am sure some analyst will hinder INTC by citing the Asian slowdown as a factor. Good luck but don't set youself up for a big let down!

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