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

To: Barry A. Watzman who wrote (48437)	2/22/1998 2:45:00 PM
From: Paul Engel	Read Replies (1) \| Respond to of 186894

Barry - Re: "I believe that the day will come, in much less than a decade, when Intel's earnings based on today's shares outstanding, will exceed $20 per share." I'd like to believe that too! That ought to be good for $300/share at a P/E of 15! Paul

To: Barry A. Watzman who wrote (48437)	2/22/1998 3:56:00 PM
From: Tony Viola	Respond to of 186894

Barry, Re: "I can't back it up, but I believe that all of the system which today have DEC (Alpha), SGI, HP processors will have high price, high margin Intel Merced processors, with MAJOR inroads underway to replace IBM RS 6000 and Sun Sparc processors, replacements that will be essentially complete 5 years out, but just underway two years out (and, depending on when in 1999 Merced ships, I could be off by a year)." Re RS 6000 replacement by Merced based systems, I hope IBM has plans to get on the Merced bandwagon. Tony