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

To: Mary Cluney who wrote (42855)	12/19/1997 10:21:00 AM
From: fut_trade	Respond to of 186894

<<The fact that CPU resources currently exceed the requirements of the most popular software is assuredly a very temporary phenomenon. Is there any possible doubt that if you came back here twenty years from now and would not be asking how we got along on 300Mhz processors?>> Mary, I'm more of what you might refer to as a short term trader and twenty years is a large fraction of my life span. And ten years from now the microprocessor industry could be dominated by 'Japan Genetic Microprocessor Company' or 'Texas Quantum Computer Chip, Inc.' Yes, 300-500 MHz will become commonplace, but Intel's profit strategy and margins could be significantly different by then. <<As far as Wall Street is concerned, Intel is a $25B story stock where the story hasn't gotten out. Most people can understand the potential of Yahoo and the Internet, but who really understands the potential of Merced? After all isn't Intel synonynous with the Internet and more? Also, isn't Wall Street valuing other Internet related equities as if they didn't have competition? And they would all succeed?>> Intel -- an internet related company??? I don't think so. Internet companies are characterized by the ability to bring new products rapidly to market at low cost for a large base of customers. Intel will always be burdened with long development times, large expenses, dependence on the technology development of semiconductor equipment companies, etc... Peter

To: Mary Cluney who wrote (42855)	12/19/1997 10:56:00 AM
From: Charles Skeen	Read Replies (1) \| Respond to of 186894

Re: <<<As far as Wall Street is concerned, Intel is a $25B story stock where the story hasn't gotten out.>>> Come on, Mary, this is nonsense and you know it. This is one of the most widely followed stocks on the planet -- 31 analysts according to First Call. And even though some Intel boosters on this board get upset at some of their calls, these people are not stupid -- they get paid hundreds of thousands, if not millions, annually -- not stupid in my book! The problem is that these analysts expect a slowdown in earnings growth in coming quarters (transition, ASP's, sub-aero's, whatever the reason) and beyond that there is uncertainty about whether the long term growth rate can be maintained. If you think it will be, this may be a buying opportunity, so go ahead and buy more and hold on. But recent events have raised uncertainty in the minds of many investors, and perhaps even in the minds of Intel management, as they scramble to cut prices and adapt their product mix to the market. As for myself, I am actually getting a little bullish here as the stock price approaches a major support zone around 65. I may do some nibbling. But if 65 does not hold, watch out below . . . Charlie.

To: Mary Cluney who wrote (42855)	12/30/1997 4:55:00 PM
From: Joe NYC	Read Replies (3) \| Respond to of 186894

Mary, The fact that CPU resources currently exceed the requirements of the most popular software is assuredly a very temporary* phenomenon.* This is the first time I see you acknowladge this. But there may be more to it. I am not sure if you read George Gilder in Forbes ASAP. His theory is that we are moving away from importance of processing power to the supremacy of the bandwidth. He is very optimistic about rate of growth of available bandwidth, but for the time being, lack of bandwidth is the bottleneck. If you had $1 and you could spend it on faster CPU, faster Internet connection, or faster network access speed. Given you presently have "average" of all 3, where would you spend it this dollar? CPU would be on the bottom of my list. Joe