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: Tony Viola who wrote (47657)	2/12/1998 9:41:00 AM
From: Home-Run	Read Replies (2) \| Respond to of 186894

A NECESSARY word on Intel (Nasdaq: INTC): Today Tom Kurlack, an analyst infamous for his changing views on semiconductor stocks, voiced yet another opinion. In 1996, he thought that Micron Technology (NYSE: MU) would earn some $15 per share in 1998. Now the company is actually expected to lose money this year. Today it was said, and I quote, that Kurlack "[s]ees Intel Corp. locked in a losing battle with its customers who want lower prices." Get real. Intel initiates its price cuts, increased its price-cutting schedule voluntarily, and is leading in the low-end market just as it does in the middle. While the move to 0.25 technology will lower Intel's manufacturing costs even more. The more chips that you can put on a wafer, of course the less expensive they are to produce, so expect more price cuts from Intel in the years ahead, as always, as is Intel's plan from the beginning. Also, Intel has the most growth potential in the expensive high-end market, especially beginning in 1999. Kurlack can be an amusing fellow. That Intel is "in a losing battle with its customers" is one of the most amusing things that I've heard. Where are the customers going to go? Customers are, of course, happy that Intel has continuously lowered prices, and I don't see anyone about to protest against the company demanding even more price cuts -- "Or else, Intel, we'll take our business elsewhere!" I guess we should thank Kurlack for the buying opportunity if the stock is lower come March 1.