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

To: Paul Engel who wrote (40678)	11/19/1997 5:39:00 PM
From: Kealoha	Read Replies (1) \| Respond to of 186894

Paul Engle: Fiodello's CYRX "freight train" is no engine and all caboose. FIODELLO: SHOW ME THE CYRX PROFIT TRAIN???? I only have seen loses. What Q will this train run on time???

To: Paul Engel who wrote (40678)	11/19/1997 5:55:00 PM
From: Paul Dieterich	Respond to of 186894

Intel's Grove:Turmoil Hampering Computer, Chip Sales In Asia [Here's the full article] Dow Jones Newswires -- November 19, 1997 By G. Pascal Zachary SAN FRANCISCO (Dow Jones)--Andrew Grove, chairman and chief executive of Intel Corp. (INTC), said weakness in Asian economies continues to hamper growth in computer and chip sales into the region but that he thinks "that's a near-term knee-jerk reaction.' Grove is scheduled to address on Thursday morning senior officials from countries that make up the Asia-Pacific Economic Cooperation forum, an association that includes Thailand, Malaysia, Indonesia and other countries that have been roiled in recent months by declines in the value of their national currencies. The meeting in San Francisco, officially called the Asia Pacific Information Technology Summit, runs Thursday through Friday and comes in advance of APEC's formal trade talks in Vancouver this weekend. In an interview with Dow Jones, Grove also said he plans to tell the Asian nations that they are risking a further economic slowdown if they don't increase their investments in information technology. Citing widely available economic data that pegs Asian spending on information technology at less than half the per capita rate of the U.S. and certain European countries, Grove outlined his message for Asian countries. "I can't stress this highly enough," he told Dow Jones. "You can't get out of an economic problem by retrenching. You can pretty up your condition, but you can't get out of it without addressing the fudmanetals. And the fundamentals in this case are that Asian countries must be as heavy a user as the developed countries of the modern tools of the information age." Grove singled out education, health care and electronic commerce as areas where Asian nations, including Japan, are lagging other industrialized countries and especially the U.S. He warned that unless Asian countries "embraced the Internet," they would likely "fall further behind" the U.S. and Europe in terms of economic productivity. Grove, whose company is a world leader in electronics, is chairman of APEC's technology advisory. Other advisers that will speak during the two-day meeting are Rupert Murdoch, chairman of News Corp. (NWS), and James Barksdale, chief executive of Netscape Communications Corp. (NSCP).