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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 40.03-1.3%Dec 1 3:59 PM EST

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To: billwot who wrote (17946)3/1/1998 2:14:00 AM
From: Sonny McWilliams  Read Replies (2) of 27012
 
billwot. I am not sure now if you got lucky that you got stopped out on Friday below 32. I got out just below 34. I got out because there was all this talk about CPQ stuffing the channels. But now I am reading that the channels are not stuffed. They supposedly are not able to cover all the demand in their Presario line. Dealers can't get all the merchandise they want. And there was a press release late Friday that sales in January were up 97% if I remember correctly and they can hardly fill the orders. But things should be back on track by end of March. That does not sound like channel stuffing to me, more like problems with production. Keep your eye on it Monday. It could go back up depending on how the news is being taken. Like I said in my earlier post: I am ready to get back in with the drop of a hat if I see the first sign of an up move. I have an almost 2 point leeway.

Here is one article. I try to find the other one from the company.

techweb.com

Sonny
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