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

To: Richard Tuck who wrote (38254)	10/29/1997 12:39:00 PM
From: John Chen	Read Replies (1) \| Respond to of 186894

Richard, it the KILLER-AP already here. It's called INTERNET. Could it be that we are all blind and got 'killed' by this transition to non-desktop environment? It has no long term effect on INTC, but some transition pain. Intel probably has some investment in those areas. Always trust a good, solid company. But, MerryLunch's team of experts will take advantage of every single fluctuation of events to make money for themselves and the hot-shot clients, NONE OTHERS. But that is their business. Look at those guys at laggard indicators as they do sometimes have valid points (especially short term).

To: Richard Tuck who wrote (38254)	10/29/1997 1:06:00 PM
From: carl a. mehr	Read Replies (2) \| Respond to of 186894

You made your point. I do however take exception with point #3: >3. Forward looking PE is 22, growth rate is about 10-15%. Intels growth rate can be whatever they choose! Without major competition they can make it whatever they want it to be, but in the long run: Would it be wise to squeeze too hard? It is a balancing act, and I feel that the profit margins will increase, as AMD becomes a small speck in Intels rear view mirror. Does anyone know somebody that have bought a non Pentium PC lately? humble carl

To: Richard Tuck who wrote (38254)	10/29/1997 3:07:00 PM
From: Petz	Respond to of 186894

Richard, very well thought out analysis that I agree with entirely. Also, technically, 81 is a very key level for Intel, its 200 day moving average. It closed below it on both Friday and Monday and my gut feel is that it won't hold. On the overall market, I didn't find Greenspan very encouraging this morning. Basically, he said that we're not going to help Hong Kong defend their currency, which basically means that their interest rates will go up and their stock market will resume its desent. As for US monetary policy, he'll tighten the first whiff of inflation, which might just be random noise in some future economic report, or possibly an external event (witness: Iraq). Deep in his heart of hearts, he still thinks the market is overvalued (IT IS!) and he'd like to finesse it into an orderly decline. Petz