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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Ibexx who wrote (86339)	7/29/1999 12:58:00 PM
From: Tony Viola	Respond to of 186894

Ibexx, we saw it coming that IBM was no longer just a mainframe company - its software and service sectors were growing more rapidly than most investors realized. As a result, operational margins expanded accordingly. You got that one (and I'm sure a lot more of them) right. Congrats on your IBM profits. Tony

To: Ibexx who wrote (86339)	7/29/1999 1:26:00 PM
From: Ibexx	Respond to of 186894

Intel Investors, INTC and AXP (American Express) were mentioned in Ralph Acampora's daily column today (7/29): ________ July 29, 1999, 10:30 A.M. EDT Prices as of close on 07/28/99 U.S. Stock Market Outlook Near-Term Economic numbers will dominate the investment scene for the next two days hence one should expect more volatile price behavior. Interestingly enough, despite all of this anxiety and nervousness, there are stocks that are doing well (e.g. Intel and American Express to name just two stocks). This underscores our belief that individual stock selection is key. Use any sudden drop to add to those issues that look attractive technically..... Sorry I can't post the link as the column is now proprietary. Ibexx

To: Ibexx who wrote (86339)	7/29/1999 1:59:00 PM
From: Mary Cluney	Read Replies (3) \| Respond to of 186894

Ibexx,>>>Investors - myself included - didn't just luck out; rather, we saw it coming that IBM was no longer just a mainframe company - its software and service sectors were growing more rapidly than most investors realized. <<< I am more than humbled. I'm Jealous I missed out. However, I still don't get it. First you get out of the disk drive business, then you get back in. You have the biggest R&D budget in the world, yet you outsource DOS for PC's development to some school dropout. You have to go out and buy Lotus Notes software and Sequent hardware, because you can't figure it out yourself. You sell your global telecommunications network (to AT&T) and then you plan on building gigantic server farms. Who is going to do your communications? AT&T? Your top line revenue is growing because you are selling tons (literally) of legacy mainframe and mid range computers. Who is buying all those AS400s? What are those things? Yes, the service sector is growing. But is anyone buying (stock in) Arthur Andersen, Perot Systems, McKinsey and Company , KPGM, et al. Yes, the service sector is growing, but for somethings I'll bet that Harry and Tony can provide the same services, if not better (without the high cost structure) than IBM. All you would need is an Ebm like an Ebay for ex IBM'ers where they can put their services out to bid and IBM services will be history. Yeah, I'm more than just a little bit jealous <gggg>. Mary