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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 37.09+3.6%3:26 PM EST

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To: Sonny McWilliams who wrote (19232)4/24/1998 7:31:00 PM
From: Frank Ellis Morris  Read Replies (3) of 27012
 
Good Evening Sonny,

I just heard the NBR and David Elias was the guest market monitor. He is very positive on Intel and Compaq and recommended any opportunity to pick up these shares on dips. Also he believes within the next 20 years we could see the dow at 40,000 or 50,000.

Today I received an email from someone I guess works at Intel. I am now sending you and all a copy of that letter and my reponse:

Subject: Comments to custom news
Date: Fri, 24 Apr 1998 15:14:00 -0700
From: "Lenke, Alex" <alex.lenke@intel.com>
To: "'f5289@erols.com'" <f5289@erols.com>
CC: "Hoffee, Karin" <karin.hoffee@intel.com>

Frank:
First, I don't know what article you are talking about regarding Andy's pay. I would recommend you come to www.intc.com and see the presentations that all management gave. Given the recent stock rise, I think our clear vision about all the new products coming with high speeds and very broad coverage, helped do this. The management of the company is very focused on growing and profits. Thanks for your comments
Alex Lenke, investor relations manager

Dear Alex,

I am a little confused why you wrote to me regarding Andy Groves pay?. I thought it was a little inappropriate to be talking about pay and bonuses at a time when Intel was under attack from AMD and Cyrix Since you are concerned about my regards for Intel I would like to know why Intel allows Tom Kurlac from Merrill Lynch to constantly launch missiles at the company .This has been causing bad blood among Intel shareholders as it looks as though Intel's management is permitting many unanswered rumors to collect momentum. If Tom Kurlac played that nonsense with a company like Microsoft, he would get hung out to dry. A member brilliantly compares Intel to a nerd who although brilliant permits itself to be bullied and abused by some jerk. You probably are aware that I have a thread at silicon investors and I have been a long time supporter of Intel and all its fine work. I do believe in the company but I have problems with it public relations. I do not see why a company such as Intel is trading so far below the norm of other leading tech stocks. Does Intel feel pressure to allow itself to be pushed around? I would appreciate your response and think it would be more beneficial if investors would feel that Intel is strong and its leadership is unquestionable. Why was there a recent inside sale of more than a half million shares of stock when management recently came out and stated that the future for Intel is much better. ? Thank you for the time you spent writing to me and I would appreciate your response on behalf of all my fellow investors.

Best Regards,

Frank Morris
Silicon Investors
Intel Strategy for Achieving Wealth and Off Topic
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