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Technology Stocks : Intel Corporation (INTC)
INTC 43.75+0.6%Dec 3 3:59 PM EST

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To: S. HYDER who wrote (69456)12/4/1998 11:56:00 PM
From: Mary Cluney  Read Replies (1) of 186894
 
S, >>>He talks like he is short Intel <<<

Carl is a regular on the MU thread. He has been negative on Micron for quite some time now. It doesn't help that Micron has just reached new 52 week highs and for some reason Intels $500M investment in MU has Carl upset.

BTW Intel's investment in MU is now worth something like $800M. The $300M in paper profits that Intel earned the last two months on MU stock is about 50% more than Kurlak's estimated earnings for AMD for all of 1999.

Mary

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