Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.32

-0.8%

Jan 15 3:59 PM EST

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To: Steve Porter who wrote (50723)	3/18/1998 3:31:00 PM
From: AK2004	Read Replies (1) of 186894

Steve I have not seen kurlak's analysis around here recently. I thought intel investors love, trust and respect him. Well, below is one of his more recent comments. Regards -Albert 01:31pm EST 16-Mar-98 Merrill Lynch ....... Intel (INTC, $76 3/8, B-3-1-7): "We believe it is finally becoming obvious that because of falling prices and slower unit growth, PCs can no longer drive Intel's sales and earnings at an above average rate. Indeed, we estimate sales growth of less than 1% for Intel in 1998 and only 6-7% in 1999. The history of rising Intel ASPs appears to be over if PCs remain the company's only market."

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