Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 41.41

+2.2%

3:59 PM EST

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To: Barry A. Watzman who wrote (49486)	3/4/1998 10:20:00 PM
From: miraje	Read Replies (1) of 186894

Barry, re: <<It is possible, however, given the introduction of the 100 MHz bus, price cuts and hopefully Win98.>> I suppose the next shoe to drop will be the DOJ forcing MSFT to halt the release of Win98. :-( What really bothers me about Intels statement is the combination of declining revenues AND shrinking margins. I really think this sucker is dead money for a while. The timing of this news couldn't have been worse for those of us who have just converted warrants that had a long term tax cost basis. I'm tempted to get out but it's much harder justifying a sale at a 39% tax rate than 20% long term. I'll probably just watch the bloodbath from the sidelines tomorrow and be grateful that I'm not margined. Regards, JB

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