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

To: Mary Cluney who wrote (92681)	11/17/1999 9:21:00 AM
From: Amy J	Respond to of 186894

RE: "The only reason that I think this way is because I try to read and understand everything that Engel, Viola, Fowler, Amy, Harry, McMannis and a lot of the others on this thread" Hi Mary, Wow, thanks. I've been putting a lot into INTC (a safer haven and more conservative investment than MSFT & AOL and a lower PE than Cisco!), so I'm hoping and betting we are all correct ! This might be naive of me to suggest this, but it would have been more efficient (for me) to read a one line press release from Intel which said, "demand is more than expected" than to listen to (and interpret) a nearly hour-long CC. Regards, Amy J Edit: which isn't to say, I don't own MSFT, AOL, and Cisco - I meant INTC is my second largest holding because it's a safer haven from my perspective - which helps balance out my more riskier holdings. MSFT is my 3rd largest holding.

To: Mary Cluney who wrote (92681)	11/17/1999 11:11:00 AM
From: GVTucker	Respond to of 186894

Mary, RE: In this regard, Intel has a screwy culture and you can't tell what they are trying to tell us. They give out mixed messages even when things are going well. Current situation with inventory is a case in point. What is it are they trying to tell us? Is there something they are trying to hide? I don't think so. I think business is terrific. They have the usual production problems associated with rolling out complex new products. The only reason that I think this way is because I try to read and understand everything that Engel, Viola, Fowler, Amy, Harry, McMannis and a lot of the others on this thread who share information with us. I could never get it just from reading Intel press releases and what they have to say at secret breakfast meetings. While I would agree with you that valuable information can be obtained from many that would frequent this thread, I would strongly disagree with your assessment that Intel is unclear in its guidance to investors. In fact, I think the complete opposite, that Intel gives outstanding, specific, and easy to understand guidance on how business is going. Management, in the various investment forums, has repeatedly stated that demand is excellent, and supplies are tight. In the 3Q earnings release, management gave specific guidance, as always, as to what we should expect revenues to be in the current quarter, much better detail than almost every other company out there. I'm not sure how much more Intel could do. The fault, IMO, does not lie with Intel as much as it does with the very medium that you are complimenting, the Internet and bulletin boards such as SI. While, as you say, there is highly valuable information to be gleaned, there is also a very large amount of information that is either noise or just flat wrong. It is this conflicting information that confuses investors and is out of Intel's control. A perfect example is the 'secret' breakfast meeting. This was no secret. And there was no new information relayed; Bryant merely reiterated the same thing that was stated at the third quarter earnings conference call. Intel management meets regularly with Wall Street analysts. No secret there. And guess what? Meetings like that happen all the time with just about every analyst and every public company in America. It is a very efficient method to keep the investing public informed. And Intel takes this even further, by webcasting analyst meetings. Most companies do not provide this opportunity. If Intel management treated the owners of the company the same way that other companies treated their owners, it would be to the detriment of the Intel shareholders.