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To: david_langston who wrote (18004)	11/7/2000 1:02:32 AM
From: Goutam	Respond to of 275872

Dave, re: < There is a strong possibility that a spring-time bull market might extend the life of their golden goose. I'm expecting that the tech stocks will turn up strongly at the beginning of the year. I imagine that the managers of Intel's Capital Group are expecting that as well. > If tech stocks don't turn up strongly this quarter, Intel may lose some leverage going into Q1'00 because they have to sell more securities to realize $730M worth of gains this quarter. That's why they haven't sold that many securities this quarter yet (except some LNUX shares), and there are only about 7 more weeks left in this quarter. goutama