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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: P.T.Burnem who wrote (45514)1/14/1998 12:13:00 PM
From: Richard Gampell  Read Replies (1) of 186894
 
P.T., if we were interested in sense, would we be long any large-cap tech stocks right now?

Regarding Intel in particular, I'm concerned about what good old steve said a while back on some other thread --- that Compaq had stuffed the channel for Christmas. That's a lot of CPUs, and I assume Intel has them on the books for Q497. Since the channel didn't exactly report a blowout Christmas, shouldn't CPU orders go way down in Q198?

Rich
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