Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 35.81

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Nov 25 3:59 PM EST

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To: Frank Ellis Morris who wrote (19503)	5/15/1998 9:01:00 AM
From: billwot	Read Replies (2) of 27012

Thread-He's Ba a a k-Kurlak is trashing chipmakers. Probably in for a tough day! From Briefing.com 08:39 ET Tom Kurlak Speaks: Merrill Lynch's top semiconductor man believes a glut of chips coming onto the market. Expects increased supply to put margin pressure on top chip names, particularly Intel (INTC). Forecasts that PC market can absorb only 1/3 of new capacity hitting the market. Summed up, feels Intel ready to start a price war. Kurlak has been extremely bearish on chip makers for several months now. Most hated is Micron (MU 28 9/16), which he has a $20 downside target on. billwot

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