Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bruce Cullen who wrote (111420)	9/26/2000 4:05:37 PM
From: JDN	Read Replies (2) \| Respond to of 186894

Dear Bruce: You asked for comments, heres mine. INTC has to SHOW US THE MONEY if they want to get out of the can. Maybe the P4 will do it or some other product but these are going to take TIME. I would not be surprised to see INTC be an underperformer for at least 2 qtrs. I am NOT saying it wont go back up to some level (I hope the 60's) if the market takes off but for it to become a LEADER again its got to do more than TRIP OVER ITS D*CK. JDN

To: Bruce Cullen who wrote (111420)	9/26/2000 4:08:17 PM
From: chic_hearne	Read Replies (1) \| Respond to of 186894

Bruce, Much of where Intel is headed in my opinion depends on where the market decides to price stocks (ie, 10 P/e, 20 P/e, etc.) A lot also depends on execution. I'm pessimistic on the future of Intel's stock price for MANY reasons. For example, what will earnings look like in Q1, Q2, and Q3 of next year? Intel has taken investment gains of $725 million, $2.3 billion, and $900 million this year. Business could be great next year, but earnings could be down YoY because they can't repeat these investment gains. How much more MU can Intel sell? Another area of concern I see is the high end processors. With the 1.13 Ghz recall, it's pretty clear the old Pentium has topped out and there isn't much room left. This leaves it up to Willy which will be paired with only Rambus memory for the next year. The Dramurai are refusing to make Rambus memory, so Intel will be limited in ramping the P4 by lack of infrastructure they cannot control until an alternative chipset is out. Without this highend, I think earnings are in some trouble going forward. BTW- I'm not recommending that anyone buy AMD. I think they will do well capitalizing off of this "dead zone" at Intel's high for the next year, but I'm not convinced the stock will react favorably, especially with the uncertainty of the semiconductor cycle and general market outlook. chic