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

To: gnuman who wrote (43132)	12/23/1997 5:23:00 PM
From: Paul Fiondella	Read Replies (2) \| Respond to of 186894

Today's market. The market collapsed today around 3:30PM and went down until the bell. Intel started down at about 2PM. It traded fairly narrowly I guess they don't want to take a chance on Japan's market tonight. "Structural issues" in Korea's economy or as Kim Dae Jung said WHATTA MESS!!!! WE DON"T HAVE ANY MONEY. I DON'T KNOW IF WE WILL GO BANKRUPT TODAY OR TOMORROW. Today the World bank gave Korea an emergency loan of 3 billion in foreign currency to prevent a default on 15 billion dollars coming due in short term loans at the end of this month. That means there is a shortfall in the Korean governments foreign funds account. This is not pretty. The SOB's in Japan are not rolling over their loans! So in effect we are going to end up loaning money to Korea from our currency reserves to pay off Japan! Japan that great creditor nation with all of our foriegn debt and an enormous balance of payments surplus to boot. Time to do a debt restructuring. If the Japanese banks will not help smooth out the situation then let them get $.35 on the $1.00. ======================================== As to Intel. S&P puts it in their 97-98 Platinum Portfolio calling 69.8 fair value basing that on a P/E ratio in 1998 of 15.8 with 98 earning of $4.75. I suggest taking the P/E ratio and applying it to a more realsitic assessment of 98 earnings. To me that looks like 56-64. Anybody else have an opinion. That gives you some idea of what's happening.

To: gnuman who wrote (43132)	12/23/1997 8:39:00 PM
From: Carter Patterson	Read Replies (1) \| Respond to of 186894

In the Sunday Personal Technology section of the Atlanta Journal Constitution a week ago, there was an article to the effect that under $1000 PCs are not taking the market by storm as most of the media suggests. I quote part of the article:" A report to be issued Monday by a market research firm in San Francisco indicates that nearly seven of 10 consumers would prefer the latest technology over a lower-cost, but less sophisticated version. According to the New York Times, the ODYSSEY report also found that consumers who are likely to buy a computer in the next 6 months have an even greater preference for performance - 77 percent. Of the households indicating a desire to buy a PC soon, 78 percent thought they would pay more than $1000 and 45% said they would pay more than $2000." This seems VERY positive for INTC. Is ODYSSEY credible ? Has anyone else heard of or seen this report ?

To: gnuman who wrote (43132)	12/24/1997 11:51:00 AM
From: Paul Engel	Read Replies (1) \| Respond to of 186894

Gene - Re: "hat's your take on Intel's acknowledgment that they may drop Slot 1?" You are demonstrating the ability to ignore what Intel said and extrapolate to what you "think" they said. Intel NEVER said anything about dropping Slot 1. The said they may seek an additional lower cost package for the dumbed-down Pentium II for cheaper sub $1,000 PCs. They will reduce the cost, with attendant reduced performance, to make sure that the Pentium II commands a dominant share of the low cost computers. They seem to be very flexible these days and not wedded to some religious attachment to Slot 1. Slot 1 will continue for higher performance Desktop applications and will be joined by Slot 2 for VERY high performance Workstation and Server Platforms - with 440BX and 440NX chip sets. Someday there will probably be a slot 3, 4 and 5. Do you mourn the loss of the slot 4 486 socket interface? I thought not. Paul