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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST

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To: Paul Engel who wrote (60802)7/19/1998 2:01:00 PM
From: Barry Grossman  Read Replies (1) of 186894
 
<<my advice is (as always) to be patient>>

I'm known for my patience so that won't be a problem for me.

As far as a positive earnings surprise, it has happened before and it will happen again. I recall 3Q96 and 4Q96.

Until then, I'll be pleased with increasingly more objective analyses from the media like those I've seen this week. The Flanigan piece in today's LA Times and the Takahashi piece on Intel's earnings the other day in the WSJ are both a whole lot less biased than we've been used to. Perhaps the real truth about Intel's future is being understood by more and more of the media. This is a good thing.

Flanigan's piece today in the Times was by far the most optimistic I've ever seen him on the subject (and I read him all the time). The tying together of Intel's growth to the growth of Internet can't be all bad for the price of the stock, can it?

Barry
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