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Technology Stocks : AMD:News, Press Releases and Information Only! -- Ignore unavailable to you. Want to Upgrade?

To: Burt Masnick who wrote (5006)	3/18/1998 2:05:00 PM
From: AK2004	Read Replies (4) \| Respond to of 6843

Burt, All I am sure you would love the following by ML: 01:31pm EST 16-Mar-98 Merrill Lynch ....... Intel (INTC, $76 3/8, B-3-1-7): "We believe it is finally becoming obvious that because of falling prices and slower unit growth, PCs can no longer drive Intel's sales and earnings at an above average rate. Indeed, we estimate sales growth of less than 1% for Intel in 1998 and only 6-7% in 1999. The history of rising Intel ASPs appears to be over if PCs remain the company's only market." ...... I wonder what else Intel is going to do if not PC related. Maybe they can reinvent the office copiers (intel is good at copying) that is copiers with mmx or something like that. :-)) he-he-he-he-he