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Technology Stocks : Intel Corporation (INTC)
INTC 44.06-3.2%3:59 PM EST

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To: Mary Cluney who wrote (78708)4/13/1999 2:45:00 PM
From: Doug  Read Replies (2) of 186894
 
Mary: PC's are expected to grow from 140m to 500m in 4 yrs on a global basis. Further, in the developed world, the PC will continue to be increasingly used as a Server for PALM devices.

This growth will be tied directly to the Economic growth cycle. Currently we are +ve but by mid year thanks to Y2K there may be a bigger slow down in PC sales. Hence it is likely that INTC may be lower later this year.

I think it would be prudent for the short term Worry to death Investor to hedge beyond June 99.
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