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To: Paul Engel who wrote (3306)	12/31/1997 6:35:00 PM
From: Brian Hutcheson	Read Replies (2) \| Respond to of 6843

Paul , re. very respectable profit on PII 233 at $99 The problem is the investors who pushed the stock up are not used to just respectable profits . They are used to obscene profits . They just interviewed 2 money managers on CNBC Kobrick and Fleckenstein . When asked about Intel , Kobrick said it was in purgatory for a while because of the sub $1000 PC and their unfortunate timing with the pricey PII . Fleckenstein said he liked Intel as a short for similar reasons his target seemed to be about $50 Brian