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Technology Stocks : Intel Corporation (INTC)
INTC 50.57+4.8%3:59 PM EST

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To: Robert who wrote ()10/16/1996 2:44:00 PM
From: Barry Grossman   of 186894
 
<<Intel has released ints Q3 earnings statement. $5 Billion in unexpected profits! This is due to high performance in teh server market (My division).>>

I listened to the entire conference call and all the questions and one was asked about the reason for the increase in microprocessor demand and the breakdown between what went to pc's and what went to servers. The INTC speaker refused to elaborate on this in any way. INTC does not want to offer any forward looking info due to the fear of Prop 211. Are you able to give us some further insight on this topic?

<< The rumor has it that the stock will climb to $145/share, and split. The rumor goes even further to say, that it may split 3:1.>>

Are these rumors amongst INTC employees or whom? Or just you?

<< Not everyone has heard the prospectus yet.>>

What prospectus are you referring to?
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