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Technology Stocks : Intel Corporation (INTC)

INTC 35.75

+3.6%

Nov 24 3:59 PM EST

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To: GVTucker who wrote (81329)	5/21/1999 6:01:00 PM
From: Paul Engel	Read Replies (2) of 186894

GV - Re: "I have yet to see a single analyst report that is pessimistic about Merced. Could you refer me to a couple of analysts that have that view?" Here's a start - Drew Peck. {==========================} infoworld.com "New software applications will not demand the levels of computational power that will compel users to buy into the next wave of higher pricing for Intel's successor to the x86, code-name Merced, Peck said. In addition, PC prices are falling low enough to attract untapped, volume markets in areas such as Eastern Europe and South America, Peck said. Intel will be unable to maintain its historical pricing strategy in those volume markets, he said. " {============================} Paul

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