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

To: Yaacov who wrote (39408)	11/7/1997 1:33:00 PM
From: Joey Smith	Read Replies (2) \| Respond to of 186894

Best news i've heard so far is Intel saying inventory correction is over... good-bye low-end chips and hello high-end chips. Europe and China sounds good too. joey

To: Yaacov who wrote (39408)	11/7/1997 1:39:00 PM
From: Pierre Aydin	Respond to of 186894

Don't try to understand the market, it's f___ed up now, just buy quality stocks that are beaten down, no matter what the experts will put a spin on the market, economy, etc. If the unemployment came in higher we would have still went down. I never try to time the market, buy and forget about it. Btw, picked up more Intc today at 72-1/2, glad was waiting for this. Pierre

To: Yaacov who wrote (39408)	11/7/1997 2:04:00 PM
From: Gary105	Read Replies (1) \| Respond to of 186894

Yaacov: Market is using jobs data as excuse for overdue technical correction - to test previous lows - may take another day or two- intel on the other had successfully tested previous low today. High speed trains capable of running on current rails are coming back in the U.S. Gary

To: Yaacov who wrote (39408)	11/7/1997 2:15:00 PM
From: Barry Grossman	Read Replies (3) \| Respond to of 186894

Yaacov, Bruce Francis just reported outside the Intel analyst's meeting and said: -Intel's message was bullish but more important than what they did say was what they didn't say. -the bears were caught short this am as they expected and Intel earnings warning and didn't get it. -One of the ways Intel will deal with conditions in the market is that they will offer a broader range of products in the future than they have in the past. They will have products for 10 different market segments vs. 4 segments. -Intel confirmed that they do no think that cheap pc's are expanding the market -there is a short term inventory correction, due to cutomer changeover to JIT ordering and this will effect 4Q97 sales by $500-750MM, and is why they preannounced that 4Q97 revenues would only be flat to slightly up. Inventory correction is almost over now. -Most analysts came out of the meeting feeling relieved and bullish on Intel's prospects. -Not all analysts are convinced though. He said that Drew Peck, Intel bear, is uncovinced and has yet to change his recommendation to buy even though prices have fallen significantly. Barry

To: Yaacov who wrote (39408)	11/7/1997 2:31:00 PM
From: Barry Grossman	Read Replies (1) \| Respond to of 186894

Yaacov - Re" " the market is going down! Why? Do you have any idea?" At 1:00 am PST I heard the news conference from Iraq and saw that tensions were rising quickly in that area. The markets in Asia and Europe were quite low in the am and then the jobs data was "more inflationary" than hoped for and the S&P Futures were down limit so the market opened down and has stayed 100-200 down all day. Greenspan's comments came after the market opened and, if anything, were ignored. I love his public announement that our public stats stink - that inflation is probably about 1% lower than estimated. Know what that does to the productivity numbers? Intel opened off as low as 72 and after going sideways for a half hour exploded to the upside as the buyers decided to move. The stock went as high as to 78 before pulling back to where it is now: INTC 75 5/8 + 2 1/8 INTCW 54 3/4 + 1 7/8 DJIA minus 185 NAS minus 35 S&P minus 22 Imagine if this were an up market day. Patience is prudent. Barry

To: Yaacov who wrote (39408)	11/7/1997 2:59:00 PM
From: Barry Grossman	Read Replies (1) \| Respond to of 186894

Yaacov, OTOTOT We have trains and they are used - but are about 50 years behind the TGV train I rode in France. And the Italian trains are better and the Swiss and German ones even better. I was extremely happy with the French train. You are probably correct about negative lobbying from the other transportation vested interests having a real effect on innovation adoption. What do you know about government subsidies for the trains in the various European countries? What is missing in this country is recognition by the public that there is a better way to travel. I never missed driving to an airport on the outskirts of the city and all the other hassles involved with flying only having to reverse the process at the other end. It seems that European culture with regard to train transportation is much more highly evolved. In the USA we are suffering from lack of motivation and also from having too deeply involved vested interests being allowed to decide for all the rest of us that such an advancement is not needed. Barry

To: Yaacov who wrote (39408)	11/7/1997 5:37:00 PM
From: greenspirit	Read Replies (1) \| Respond to of 186894

Hi Yaacov, here's my take on the market and why it's going down. 1. The Asian banks who have been liquidating assets to pay off bad loans are going to be tightfisted about lending money in the future. Hence a consumer slowdown in the asia pacific region. 2. Since much of the worlds business growth is occuring from that region, traders and investors are fearful. So the market has been correcting. 3. After an initial surge in bond rates, due to those same banks and intitutions looking for a safe haven. The fed will have to open the U.S. coffers and provide more liquidation to the economy. So some feel this will ignite inflation come the middle of next year. Therefore alot of uncertainty... My thoughts are, these people have not read all the books and articles written about Alan Greenspan. He will sacrifice a slowdown in the world economy before he will allow the inflation genie to get out of the bottle. So then the question remains, how much will the banking failures effect consumer and business purchasing power in the Asian economies? I believe it will have some effect, but it will be short lived, and not extremely deep. Maybe 6 months. Most of all, I don't believe it will have a significant effect on business purshases of new computers/laptops/Servers. So Intel looks like a real bargain here. Michael