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Strategies & Market Trends : BedTime for Intel or Kurlak???
INTC 41.50+5.0%Oct 28 3:59 PM EDT

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To: JR Medlar, 2nd who wrote ()4/15/1998 11:06:00 PM
From: Francis Chow   of 29
 
I listened to the CC and my impression was negative.

The company's Q1 revenues are down from last year's
Q1 and from last year's Q4. The company sates that
Q2 of this year will be more of the same. The company
says that things will be better in the second half,
but could not really say why. The company thinks
Celeron will be a winner. The company is laying off
5% of its talented workforce.

Why in god's name should anyone expect the stock to
go back to $100 in the near term! The analysts
are predicting a maximum of $3.08 per share in 1998
earnings. At 20 to 1 that means a share price of $60.

Just my opinion.
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