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To: Chris who wrote (6580)3/4/1998 4:38:00 PM
From: Moonray  Read Replies (1) | Respond to of 42787
 
INTC news from Naz:

03/04/98 4:21PM

INTEL <INTC.O> SEES Q1
EXPENSES UP 3 PCT FROM Q4'S
$1.4 BLN

03/04/98 4:21PM

INTEL <INTC.O> CITES LOWER
THAN ANTICIPATED DEMAND

03/04/98 4:20PM

INTEL <INTC.O> SEES Q1 GROSS
MARGIN AT 53 PCT

03/04/98 4:19PM

INTEL <INTC.O> SEES Q1 REVS TO
BE DOWN 10 PCT FROM Q4'S $6.5
BLN

03/04/98 4:19PM

INTEL <INTC.O> SEES INTEREST
AND OTHER INCOME ABOUT $175
MLN IN Q1

03/04/98 4:18PM

INTEL <INTC.O> Q1 NET TO BE
BELOW EXPECTATIONS

03/04/98 4:18PM

NASDAQ SAYS HALTS TRADING IN
INTEL<INTC.O> FOR NEWS
PENDING, LAST TRADE 86-7/16

o~~~ O



To: Chris who wrote (6580)3/4/1998 4:55:00 PM
From: Logain Ablar  Read Replies (1) | Respond to of 42787
 
Chris:

I log on for a few minutes and the INTC news jumps out. What a bummer. With INTC catching a cold the rest of the sector will have another round of the flu. Hope its not as bad as last October.

This warning matches Kurlacks October warning about problems he sees this year for the company (although I thought it was 2nd and 3rd qtr, see my last post). A lot more people are going to start listening to his comments again.

A warning this early will impact the whole sector (even software) so factor that into your TA.

The one bright note is that RMBS will now revisit the low $30's / high $20's which is where I hope to buy for long term. I just hope I have some funds to buy with.

Good trading.

Tim