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Technology Stocks : Intel Corporation (INTC)

INTC 35.75

+3.6%

3:59 PM EST

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To: Harry Landsiedel who wrote (54443)	4/25/1998 1:17:00 AM
From: Paul Engel	Read Replies (1) of 186894

Harry - Re: "Will they be able to get the capital to go to the .18 micron process around when Intel does?" Sure - just look at their stock - selling for $29+ and they have lost money in 7 of the past 9 quarters. DLJ - Jerry's Hip Pocket Board Member - is lining up suckers right now to buy $1 Billion in stocks and debt instruments . So, they will borrow and dilute shareholder's equity - but they will get it. And then they can always turn to IBM to act as a 0.18 micron foundry when AMD's new Billion Dollars is spent and gone and the "yields are somewhat low". Paul

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