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

To: Fred Fahmy who wrote (86565)	8/4/1999 8:01:00 AM
From: GVTucker	Read Replies (1) \| Respond to of 186894

Fred, RE: BTW, isn't it fun to watch the analysts once again upgrading in droves after the fact. INTC wasn't a good buy in the low to mid 50's but all of a sudden it is a must have at 70!! Actually, it is a lot easier to find an analyst that had INTC at a buy in the low 50's than it is to find an analyst that upgraded the stock at 70. Most every analyst on Wall Street has had this stock at a buy all year, and most all have been vocal with their bullish bias. Analysts like Lazlo, Osha, Randall, Glavin, and Klauer come to mind immediately, but there are many more. Mark Edelstone, who upgraded at a Intel at a fortuitous moment last year, sold too early last month, but at least he bought near the 3 year low. The problem is that the bears get the PR. Dan Niles is a CNBC poster child. Drew Peck, whose stock picking has always been suspect, is one of the few analysts who probably fits your description; he upgraded INTC a week ago when the stock was around 65.

To: Fred Fahmy who wrote (86565)	8/4/1999 10:55:00 AM
From: Mary Cluney	Read Replies (1) \| Respond to of 186894

Fred, >>>isn't it fun to watch the analysts once again upgrading in droves after the fact.<<< I don't want to rain on your parade (I suppose GVTucker, Earlie, MB and some of the others won't either), but I do not see a real sustained rally in the stock until after the fact that Merced revenues kick in, IBM AS400 sales dry up, IBM S390 systems sales slide, Tony, John, and some of the others on this thread capitulate vis a vis mainframes versus IA computing. Until then, we will have another round of AMD kicks INTC b*** (this time in corporate computing), ASP down to nothing, the commoditization of computers, and worldwide glut of computers caused by the end of anything new in the computer world - forever, as forecasted by technology guru's Earlie and others. There is an old saying, the more things change, the more they stay the same. Break a leg <gggg>, Mary