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Technology Stocks : Intel Corporation (INTC)

INTC 36.91

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3:59 PM EST

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To: GVTucker who wrote (64995)	9/17/1998 12:20:00 PM
From: Paul Engel	Read Replies (1) of 186894

GVTucker - Re: "have you been equally congratulatory toward Kurlak for the past year as Intel has continuously reported poorer than expected earnings?" Wrong again, GVTucker ! Intel surprised on the upside TWICE in the past 9 months - in January of this year (for Q497) and July (Q298). Both times, Intel BEAT Kurlak's estimates - and most of the "analysts". Of course, earnings have been below historic records, but given the economic climate, Intel's earnings have been relatively spectacular. GVTucker, why don't you remind us all about Kurlak's BULLISH forecast on the semiconductor industry in early August of 1997 - stating that THE BEST IMAGINABLE SCENARIO was taking place - about 3 weeks before he decided that the BOTTOM had fallen out of the market. I'm sure you can dig up his analysis to that effect. Paul

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