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Technology Stocks : Intel Corporation (INTC)
INTC 36.78+2.7%3:59 PM EST

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To: Tony Viola who wrote (57750)6/11/1998 8:32:00 AM
From: Francis Chow  Read Replies (2) of 186894
 
You don't believe Craig Barrett's 2H98 for the start of an upturn?

I should answer this more fully . . . Why would there be an upturn
in H2? Don't focus on Xeon, look at the demand side - will the
demand for high end machines increase, stay flat, or decrease? Will
the price war continue and spread to the business and high end markets, or will is stay in the retail sector? Will the economies in Asia, Europe and North America get better, stay about the same, or get worse?

These are the factors which are depressing Intel's profits.
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