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

To: Steve Porter who wrote (49889)	3/6/1998 10:44:00 AM
From: Don Westermeyer	Respond to of 186894

SI Intel groups mentioned in SmartMoney Interactive: smartmoney.com In part: ON Silicon Investor, the busiest of the on-line financial message boards, Intel backers like Paul Engel -- a retired Intel process development engineer -- focused on the long term while dealing with some emboldened bears. "If you look at the posts, there are a lot of people who came crawling back out of the woodwork and decided to give you the 'I told you so,' " Engel says. "Most people were just reacting emotionally, either expressing long-term support or saying this is the end of the world as we know it." Even Engel, an unrepentant Intel bull, knew one major reason for the shortfall, as this post demonstrated: "(A) contributing factor is probably the constant, continual decline in PC system prices for the past 12 months. I would assume that quite a few potential buyers just decided to wait until the PC system prices reached zero. "Looks like their wait may be over soon." Other Silicon Investor regulars were focusing their attention on Wall Street's inability to make up its mind about the company. "Alert: BT ALEX. BROWN CUTS INTEL TO BUY FROM STRONG BUY," read one post at 9:48 this morning. It was quickly answered by Barry Charnick at 9:54: "Hilarious considering just yesterday they REITERATED THEIR STRONG BUY!! I'm in the wrong business. These guys can just change their ratings after the fact and get credit for being on the money. What a joke." In fact, it was only Feb. 19 when BT Alex . Brown Inc. analyst Erika Klauer raised her rating on Intel Corp. (INTC) to strong buy from market perform. At that time, Klauer also increased her 1998 earnings estimate for the semiconductor maker to $3.90 a share from $3.85

To: Steve Porter who wrote (49889)	3/6/1998 10:46:00 AM
From: Michael Ohlendorf	Respond to of 186894

Looks like the negative TXN, MOT, SUNW news really fuels the market. The reasoning of the buyers: Once it is clear that we will earn 20% less this year we can buy more. Also: INTC is a growth stock that does not grow anymore, does not matter I will grow it by buying in now...