Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: L. Adam Latham who wrote (45020)	1/13/1998 2:37:00 PM
From: Maverick	Respond to of 186894

Michael Murphy's tech top pick for 98 is INTC INTEL AND VICAL: BLESSED BY R&D High tech is fast becoming the market's neglected stepchild, but technology stocks are still best for the long haul. So says Michael Murphy, editor of California Technology Stock Letter, who is putting his money on two groups: electronics and biotech. Giant chipmaker and microprocessor maker Intel (INTC) is his top pick in electronics. And in the biotech sector, Vical (VICL), a lilliputian developer of pharmaceutical products for human gene therapy, is his favorite. Murphy, author of a new book on tech stocks, has an unusual way of assessing companies: Since research and development lead to new products, he views R&D as the key to growth. ''By adding the R&D spending to earnings, we get a better picture of the real value.'' Before a company's R&D pays off, a stock is usually depressed. ''That's when we buy,'' he says. After R&D kicks in with new products, the sales and earnings climb--and the Street bids up the price. ''That's when we sell,'' says Murphy. He insists that Intel, which funnels vast sums into R&D, is a bargain at its current price of 73. For five years, its earnings have grown twice as fast as those of the Standard & Poor's 500-stock index, notes Murphy. In the coming five, its earnings should grow 20% annually, vs. 8% to 10% for the S&P. Furthermore, the S&P trades at a price-earnings ratio of 22, while Intel has a p-e of 18. ''So you have a stock that has been robustly outpacing the market--and selling at a big discount,'' notes Murphy. He believes that Intel will climb back up to 100 before the end of this year. (It hit 102 in early August, 1997.) BY GENE G. MARCIAL, Businessweek

To: L. Adam Latham who wrote (45020)	1/13/1998 2:39:00 PM
From: Maverick	Respond to of 186894

CHINA PC SALES RISE 40 PCT TO 3M IN 1997 China sold a total of three million PCs in 1997, up 40 percent over the prior year. <http://www.nikkeibp.asiabiztech.com/Database/98_Jan/13/New.04.gwif.html>

To: L. Adam Latham who wrote (45020)	1/13/1998 2:40:00 PM
From: Maverick	Respond to of 186894

RAFT OF NOTEBOOKS SET SAIL WITH NEW INTEL CHIP As expected, Intel announced its latest mobile chip Monday, the 266-MHz Pentium MMX, prompting an avalanche of new systems from virtually every notebook manufacturer. Toshiba, Dell, NEC, Hewlett-Packard, Compaq, Gateway, and several other vendors announced new high-end mobile computers based on the chip. For the full story: infoworld.com

To: L. Adam Latham who wrote (45020)	1/13/1998 2:43:00 PM
From: Maverick	Respond to of 186894

MICROSOFT WINS TCI ORDER, PUSHES WINDOWS CE LAS VEGAS -- Microsoft Chairman and CEO Bill Gates, in a keynote speech Saturday at the Consumer Electronics Show (CES) here, painted a future world of consumer electronics devices running Windows CE and announced two partnerships to advance the small-footprint operating system. Cable giant Tele-Communications Inc. (TCI) has agreed to use Windows CE in some of its future digital set-top boxes, Gates announced. Some in the industry had expected more significant news at CES when rumors swirled last week that Gates would disclose an investment of as much as $1 billion in TCI. For the full story: infoworld.com

To: L. Adam Latham who wrote (45020)	1/13/1998 2:43:00 PM
From: Maverick	Respond to of 186894

WINDOWS CE 3.0 MAY ECLIPSE TRADITIONAL NOTEBOOKS Although Microsoft was busy touting its new Palm PC operating system for handhelds last week, it may be the Palm PC's big brother, Windows CE 3.0, that will have the most impact on the mobile-computing market. With Windows CE 3.0 -- code-named Jupiter -- slated for release this summer, and a host of PC vendors lined up to deliver subnotebooks based on it this year, many agree that traditional PC notebooks are heading toward the endangered species list. For the full story: infoworld.com