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Technology Stocks : Intel Corporation (INTC)
INTC 37.04-0.6%11:58 AM EST

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To: John O'Neill who wrote (64950)9/17/1998 1:20:00 AM
From: Doug M.  Read Replies (3) of 186894
 
John, a little history about Intel. They are one of the best companies out there when it comes to giving guidance. They are very good at letting the investment community and their shareholders know about changes in their expectations for the future. Not only is it their legal responsibility, but they appear to be A LOT more forthright about letting the public know about their business conditions when they change - more forthright than almost all other public companies.

As for the price cuts, they are not just whimsical things Intel dreams up one or two days in advance. They are scheduled well in advance and the cuts on Monday were known quite a while ago. For your information, I believe they are to cut prices again in October (or maybe November). I'm too tired to look it up right now, but I know they have one more scheduled price cut this year. I'll look it up if you want me to.

As for Paul, if you knew more about Intel's history you wouldn't have to ask him if he held a lot of stock. Do a little more research into your investments, maybe you'd feel you don't have to hedge that much if you did.

Regards,

Doug
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