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Technology Stocks : Intel Corporation (INTC)

INTC 43.46

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12:32 PM EST

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To: Mo Chips who wrote (48716)	2/24/1998 6:10:00 PM
From: greenspirit	Read Replies (1) of 186894

Mo Chips, if your focusing on demand, as a long term investor I believe you are missing the vision to see the potential of Intel's future demand. It's not a field of dreams... It's a belief in the future, and what it's more more likely going to look like. I firmly believe that the home PC penetration rate in the U.S. will reach 70%-80%. The rest of the world will slowly but most assuredly follow the U.S. lead into the information era. To believe otherwise to me is a field of dreams. We have history as our guide. The industrial revolution has touched in one way or another nearly every country on the planet. The information economy will more than likely do the same. With the information economy comes the use of computers. With higher and higher PC penetration rates throughout the world, Intel is sure to prosper. The economist and market predictors at Intel are fully aware of this. They are building today the capacity to handle this burgeoning market. It's this belief and ability to predict future demand which has given Intel and it's shareholders those amazing profits the last 5 years. Has that been a field of dreams or some darn good business acumen? Michael

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