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Technology Stocks : Intel Corporation (INTC)
INTC 36.78+2.7%3:59 PM EST
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To: herb will who wrote (57723)6/10/1998 11:01:00 AM
From: Francis Chow  Read Replies (1) of 186894
 
I know it is a little early for Chow time but I thought this one needed extra emphasis. The Asian chip industry is beginning to show signs of recovery.

I think it is still trying to find the bottom. The recovery will be
sooner than most people expect, but at the very earliest I don't see
any real (lasting) upturn till late in 1999. Don't forget, even a
growth rate as high is 4% is really a disaster for a market that has
been growing at rates above 50% in the past.
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