Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 39.50

-1.2%

Nov 3 9:30 AM EST

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To: Tony Viola who wrote (64816)	9/15/1998 7:23:00 PM
From: Night Trader	Read Replies (2) of 186894

I got a hold of Kurlack's latest report today. Some highlights: estimates Q3=.80 '98=3.00 '99=2.90-3.00 sees channel depletion reversal from Q2 helping this quarter (funny he never mentioned this hindering Q2 at the time) seasonal pick-up but no trend reversal temporary low supply of low-end chips keeping asps flat, sees lower in coming quarters celeron taking sales from P2 Perhaps most significantly, does not reiterate price target of "low 60s" - says expectation is for "sluggishness and a dull stock"

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