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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Teflon who wrote (25071)	6/29/1999 7:41:00 AM
From: t2	Read Replies (2) \| Respond to of 74651

Good Morning Teflon, Here is the story on Intel. I like this company but felt there were just too many analysts talking this stock down. I hoping to get my chance again if there is weakness later this year. If Intel does well today, you can bet MSFT(which is on a a roll) will also be there. That would mean Nasdaq up again today which i think is a good possibility despite all those people coming on TV and trying to scare people. quote.bloomberg.com Intel Sees Better Second Half, 'Very Different' Company Ahead Paris, June 29 (Bloomberg) -- Intel Corp., the world's biggest computer chipmaker, expects a better second half compared with the first and expects the semiconductor market to improve from last year, Chief Executive Craig Barrett told French financial newspaper Les Echos in an interview. Intel will be a very different company in a few years as it plans to take part in the development of the Internet economy -- Intel has widened its activity to services, thanks to LevelOne and is planning other acquisitions that should generate several billion dollars in sales within a few years. Intel, which has stakes in about 250 companies, has a strategy of buying assets to gain access to a technology that directly influences or complements its product line, Barrett said. Intel said Monday it will invest $48 million in an Internet server center in London to establish its first electronic- commerce hub outside the U.S. (Les Echos 15 6/29; www.lesechos.fr) NYSE