Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: Frank Ellis Morris who wrote (16187)	1/15/1998 7:40:00 PM
From: puborectalis	Read Replies (1) of 27012

Good Evening,Frank -Here's Kurlak's Report dated 1/14....NEUTRAL..LT BUY..Intel corp..Outlook Still Soft ....Stock rallies on false hopes...No upturn appears imminent..Sales not growing...Sales decline in all markets except Europe..See flat Q1 sales..Down earnings expected in '98..Price cutting intensifying..Want me to go on? 5 straight quarters of flat sales and earnings.More rapid price reductions.Project down earnings year to year thru Q4 '98.The stock has recently rallied about 15%.stock likely to sell off in MY opinion.(TK)...Boy,could you get any bleaker.You'd think this report was Sybases' or AMD's.

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