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Technology Stocks : INTEL SUPPORT GROUP - the sky is falling!!!!
INTC 37.04-6.2%Nov 4 3:59 PM EST

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To: Zachary Fluhr who wrote (42)3/20/1996 7:47:00 PM
From: BULL   of 248
 
Zack

I don't know if you are giving a direct quote from Intel when you mention "One of the Investor Relations people there told me directly that Intel was sticking with the estimates made in January: a flat Q1 and a good 1996." A good 1996 could be interpreted to mean that they expect higher earnings in Q3 and Q4, which would make up for short falls in Q1 and Q2. I guess what I am saying they did not specifically tell you that Q2 would not be flat too?

They may be counting on Microsoft's release of NT later this summer to help improve demand for the faster chips, thus the rosey forcast for the later part of this year. My approach to getting mad is to buy some more since I know this company is here to stay (I sent in some money for there DRIP plan today).

Adam
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