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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 3:59 PM EST
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To: Paul Shread who wrote (64490)9/11/1998 2:41:00 PM
From: GVTucker  Read Replies (1) of 186894
 
Paul, RE: <<I'd like to hear more on Kurlak's views. >>

Here's the bullet point summary

"Investment Highlights

--Q3 earnings to improve over Q2, trail year ago by 10%

--Stock price may rally some but not expected to be sustainable.

Fundamental Highlights:

--Seasonal pick up in PC sales helped by channel inventory depletion in Q2 and subsequent snap back.

--Expect no trend reversal in 1998.

--Temporary insufficient low end chip supply helping average selling price to hold flat in Q3. See lower average selling price in coming quarters."
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