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 34.87

+3.7%

2:29 PM EST

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To: margaret tasset who wrote (20627)	8/20/1998 5:41:00 PM
From: billwot	Read Replies (2) of 27012

Hello-o-o-o, anybody out there ? I guess that Kurlak didn't think the trouncing he gave INTC before the open was enough, so he came back for some more later!! From briefing.com: 12:56 ET Intel Corp (INTC) 86 3/8 -3 3/16 (-4%): --Update-- Kurlak warning that Intel's Q3 sales could come in shy of expectations, citing an abundant supply of high-end chips. Says sees Average Selling Price falling 33% over next five years, which will cut margins to 45%. Once top-line growth resumes at Intel, Kurlak predicts it will be at a long-term rate of around 9%, rather than the 15% he was forecasting previously. billwot

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