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

To: Paul Engel who wrote (43038)	12/22/1997 8:20:00 AM
From: gnuman	Read Replies (2) \| Respond to of 186894

Bus Week: High Tech: "There's Something Wrong Out There" businessweek.com "So, even as demand remains strong, many companies are living through the wierd experience of profitless prosperity" "We've gotten drunk" "Computer makers are pushing harder than ever for lower prices--in part to preserve their own profits as they crank out sub $1000 PC's"

To: Paul Engel who wrote (43038)	12/22/1997 10:50:00 AM
From: Burt Masnick	Read Replies (1) \| Respond to of 186894

Re: Short interest - I suspect that the summer runup to over $100 wass fueled with a short squeeze that just rolled up added another 20 points to what was a nice runup to over 80. Added to the Mutual funds having to look like they had Intel in their portfolios for respectability and that's where some of the upward price volatility came from. On the way down, I think the unwinding of the short squeeze, DEC, faint signs of competition from AMD, Mutual funds heading for the exits all together, tax-related selling and the Asian mess all combined to push into the red. In the long run, earnings tell all. In the short run, there is no computer powerful enough to factor in all the forces and their relative weights to give a reliable indicator that's good for more than a few hours, if that. I am rather hopeful that after a flat six months, all the good news now about Intel will begin to be reflected in better bottom line numbers. I WILL be fascinated to see if AMD is actually getting any real share of the x86 market. I do know that they almost never meet Sander's predictions. Any news on the K6 yield woes? Best regards, Burt