INTC Message Board - Msg: 3165103

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Technology Stocks : INTC

INTC 40.50

+0.8%

10:40 AM EDT

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To: Jules B. Garfunkel who wrote (793)	1/14/1998 11:02:00 AM
From: Jules B. Garfunkel	Read Replies (4) of 990

All, Intel now at 75. I don't know what conference call the analysts listened to last night, but it sure wasn't the INTC conference call that I listened to. I heard no negative "new news" from Intel and a lot of positive "new news". Combined with the $.08 higher than expected earnings and the unexpected growth in Europe, (offsetting weakening demand in Japan), was for me reason enough to be a buyer of Intel Calls this mornig. I believe, every report that I have heard or read this mornig, unfairly exagerates a negative. It seems to me that the analysts are trying to defend their previous "wrong" Sell or Neutral recommendations. Once again, I perceive a divergence between perception with reality. Jules

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