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

To: Rarebird who wrote (42539)	12/17/1997 1:12:00 PM
From: Barry A. Watzman	Read Replies (2) \| Respond to of 186894

I hope that you are wrong about Intel going to $50, even in the short term. If Intel goes to $50, the warrants, WHICH EXPIRE IN MARCH, go to $30. They were at $80 in August. You do the math to calculate the percentage loss.

To: Rarebird who wrote (42539)	12/17/1997 7:53:00 PM
From: Joe NYC	Read Replies (1) \| Respond to of 186894

Rarebird, There are alot of short term worries and concerns that are causing the selling: Sub $1,000 PC's, Southeast Asian crisis, Pentium II transition, Margin pressure, and reduced earnings estimates by many analysts. I don't get how the Pentium II transition, or any other transition can be viewed as negative. Intel has been in middle of one transition or another continuously (486Dx->DX2->DX4->Pentium->MMX->II) plus there has been transitions in process technologies. I would view a state when Intel is not in the middle of some transition to a better product as a negative. Joe