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

To: Tony Viola who wrote (113763)	10/16/2000 12:34:14 PM
From: t2	Respond to of 186894

Intel got 7 downgrades the morning after their pre-announce. Not good enough for SSB's JJ. He has to grab some more spotlight the day before earnings. That's low. It ain't fair, and you have to go with the flow, and right now, it ain't PC/µPs. I wasn't paying attention to Intel back then but 7 downgrades means a lot of comments that could be positive in the coming days. I am buying a sizable position today and will also look into short term call options below 36 level--it is getting there now.

To: Tony Viola who wrote (113763)	10/16/2000 12:49:19 PM
From: greg s	Read Replies (2) \| Respond to of 186894

Hi Tony, re: herd mentality Here's my take on the situation. Intel's preannouncement of a short-term disappointment gave the pundits a chance to pile on, and pile on they did (and continue to do so). The cause of Intel's disappointment is still fuzzy, hopefully they can clarify in tomorrow's call. At the same time, every PC and semi forecasting outfit has said that the market will continue to grow. Add to this the fact that Intel is making great strides into networking, servers, comm, etc., marking a great inflection point akin to the move from DRAM to uP's. As I see it, the analysts' information is only worthwhile if you invest with a very short term horizon. Their world view is very micro. If you invest for the long haul, it is better to view the macro trends (unless a major change has occurred to Intel's fundamentals and this has not happened IMHO). The analysts are concerned with Intel's capital spending for increased capacity in light of this short term and possibly overblown demand slowdown. Again, IMHO, Intel will be viewed as brilliant for bringing this capacity on line in quarters to come. Good grief, FABs aren't built in a quarter! The key tomorrow will be Intel's comments on 4Q and 2001. Greg.

To: Tony Viola who wrote (113763)	10/16/2000 2:01:57 PM
From: Jean M. Gauthier	Read Replies (1) \| Respond to of 186894

Hi Tony ! Long time no talk ... The market has changed.... While I agree that analysts are pretty mediocre in general, the market has changed and PC stocks will NEVER , read NEVER regain their former glory Intel's efforts in the communication's area are pretty laughable AT BEST, compared to shops like BROADCOM & PMC-SIERRA.. They lost their edge (Intel , MSFT), by being too big & bureaucratic and getting eaten by smaller numbler competitors. Take care Jean