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To: stockman_scott who wrote (134966)6/29/1999 2:04:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
<-OT->Intel Sees Better Second Half, 'Very Different' Company Ahead

Say Scott,
I thought things were pretty dismal at Intel at least according to some schmuck who downgraded Intel a a few weeks ago,oh well it is not the first time now is it?
=======================

Bloomberg News
June 29, 1999, 12:57 a.m. PT

Paris, June 29 -- 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.

(Courtsey:Les Echos 15 6/29; www.lesechos.fr-via Bloomberg)



To: stockman_scott who wrote (134966)6/29/1999 2:14:00 PM
From: PAL  Read Replies (1) | Respond to of 176387
 
-- OT --

Congratulations Scott. You are doing better than moi. I only got 50 shares at IPO price. Then being absorbed in that IPO, I neglected to see the big picture. I have funds ready to buy 1K. You did the right thing. Thank you for sharing. One can never stops learning. On the next IPO, I will do the same. I will get an IPO on Engage Technology (had to open an account with Wit Capital) but will do your method by buying the first day.

Best regards

Paul



To: stockman_scott who wrote (134966)6/29/1999 5:18:00 PM
From: Kayaker  Read Replies (3) | Respond to of 176387
 
Excellent WSJ article on the Fed move. Pardon if already posted.

#reply-10320959