To: williet who wrote (41499 ) 12/4/1997 9:38:00 PM From: Fred Fahmy Read Replies (1) | Respond to of 186894
WILLIET, <As you have intimated just let next quarter results tell the true tale of INTEL.> I think you missed the point. "The true tale of INTEL" is NOT going to be decided by one quarter's earnings. Intel has been a great long term investment (and will continue to be IMO), however, INTC's quarter to quarter stock performance has been anything but smooth. I think what John was saying is that in the long run INTC's price will be dictated by long term earnings and not by the opinions of the analysts. IMO, Intel's future has never looked brighter. The need for more and more powerful CPU's will only increase as the global technology revolution progresses. Intel is at the heart of this revolution and stands to prosper greatly in the coming years/decades . Despite what some may think, the technology revolution has barely begun and Intel's potential to profit from the growth of this revolution is virtually unlimitted. With tremendous leadership/management, technology, marketing, manufacturing, and financial resources, I can't think of any company with a better opportunity to captialize on the global expansion of technology in our lives. Sure their will continue to be competitive pressures. These pressures are good for the consumer, good for the industry, and essential for the growth of Intel. Without competition Intel would most likely stagnate and would face real concerns from the DOJ. Will INTC be a good investement over the next 6 months?? I don't know. Is Intel in a position of leadership and strength and poised for the futre?? I'm betting heavily on it. I thought INTC was a no-brainer investement 5 years ago and I still see it that way today. It doesn't take a lot of brains or luck to enjoy great returns; just a little vision and a lot of patience. Good luck to all, FF