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Technology Stocks : Intel Corporation (INTC)
INTC 39.37+6.7%3:59 PM EST
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To: Process Boy who wrote (78276)4/9/1999 7:44:00 PM
From: Barry Grossman  Read Replies (1) of 186894
 
PB,

Re: Kumar comments.

You got most of it.

I would only add that he mentioned that he expects some greater than expected pc buying later this year as some solve Y2K issues by simply buying new Y2K compliant pcs; and Intel's IA-64 (Merced), which he said is "coming out later next year", as a driver of even greater growth for Intel.

When asked what his top pick was he said, "Intel is THE one to have in your portfolio."

All in all, it was VERY upbeat sounding for Intel but not good for Compaq.

Barry
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