To: Jacob Snyder who wrote (38863 ) 10/27/2000 7:11:34 PM From: Mephisto Respond to of 70976 But I am a cynic and a sceptic, and most investors aren't. This gives me an advantage. When I think about analysts, I agree 100% with what you say. It's a pity analysts never seem to listen to CEOs. "6:10AM Intel (INTC) 41 5/16: Company president and CEO, Craig Barrett, said he was bullish on the global chip market, due to steady demand from makers of personal computers and mobile telephones saying "global mobile phone penetration is expected to grow to one bln handsets by 2005 from about 400 mln this year". (from Yahoo news on October 26, 2000)Intel CEO says bullish on global chip mkt By Nam In-soo SEOUL, Oct 26 (Reuters) - Craig Barrett, president and CEO of the world's number one chipmaker, Intel Corp (NasdaqNM:INTC - news), said on Thursday he was bullish on the global chip market, due to steady demand from makers of personal computers and mobile telephones. ``I'm pretty bullish about the global demand for semiconductors considering steady growth in the PC, networking infrastructure and wireless communications areas,'' he told a news conference. Barrett was in Seoul for Intel Korea's e-Business Forum. ``According to forecasts, global mobile phone penetration is expected to grow to one billion handsets by 2005 from about 400 million this year,'' he said. Intel said last week its third-quarter shipments of microprocessors, the brains of PCs which account for 80 percent of the firm's sales and virtually all its profits -- were little changed from the second quarter, as were average selling prices for each chip.biz.yahoo.com I'm fed up with analysts that won't listen to CEO's predictions for future growth. I forgot to mention that I am NOT an Intel shareholder - Mephisto