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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Frank Ellis Morris who wrote (18875)	4/2/1998 4:18:00 PM
From: margaret tasset	Read Replies (1) \| Respond to of 27012

Good afternoon Frank, I know that you are happy that the week-end is almost here and you will be able to enjoy some much-deserved rest, relaxation and fun. Here is a story that I had hoped would help Intel a bit, maybe tomorrow. Thursday April 2, 3:16 am Eastern Time Intel sees strong Asia PC growth PENANG, Malaysia, April 2 (Reuters) - The personal computer market in Asia continues to be strong despite the regional economic downturn, Intel Corp general manager for Asia Pacific John Davies said on Thursday. He said that looking at 14 countries within Asia excluding Japan, ''what we see here is business across the whole of Asia...that PC (market) continues a robust growth.'' Other indicators Intel was monitoring, including original equipment manufacturer demand and mother board production, suggested the trend was still positive, Davies said. ''It's four to five countries having a tougher time on a temporary basis,'' he told a news briefing, referring to the countries most severely affected by the regional economic downturn. That shortfall was made up by other countries like China, India and Pakistan which were seeing positive growth, Davies said. At the day-long briefing for Asian reporters in its facility in the northern island state of Penang, Intel also introduced its first Pentium II processor for mobile personal computers. The company said the new processor, offered at speeds of 233 Megahertz and 266 Megahertz, ''brings a new level of performance and computing capability not previously available to mobile PC users.'' Intel microprocessors provide the brain power of 90 percent of all personal computers in the world. The mobile computer chip made available on Thursday offers the same level of performance as those used in desktops. The chips are priced at $2,995 each, said Intel. Have a great day. ******GO INTEL************* Warm regards, Margaret :) :) :)

To: Frank Ellis Morris who wrote (18875)	4/3/1998 7:11:00 AM
From: margaret tasset	Read Replies (2) \| Respond to of 27012

Good morning Frank, I hope Intel gives us some positive action today. Here is an article that gives some light about what we could see today in the market. London U.S. stocks see profit-taking ahead of data LONDON, April 3 (Reuters) - U.S. shares were steady amid light profit-taking on Friday after Wall Street's hefty gains on Thursday. The U.S. market opening will depend on U.S. labour market data for March, scheduled for release at 1330 GMT, dealers said. ''That could swing the market either way although it (the Dow) looks like it wants to go ahead through 9,000,'' said one. The data is the first batch of key March economic data and will be closely scrutinised. Average earnings are expected to show a 0.2 percent rise and payroll employment is seen showing a rise of 220,000 with March unemployment at 4.6 percent. ''The feeling in the market this morning is that the payroll number is going to come in lower than forecasts and that's keeping the market afloat,'' said the dealer. Globex-traded S&P futures in London were trading one point up at 1,132.0. Fair value is seen at 1,128.5. Comments from Fed chairman Alan Greenspan that current stock prices reflected a ''relatively small amount of (risk) premium'' boosted U.S. shares on Thursday and continued to support the market overall despite the smattering of selective profit-taking. Corporate features included positive comment on Intel's (INTC - news) plans to spend about $5 billion on capital expenditure in calendar 1998. The stock traded around New York's closing levels of $76-3/8. ''NASDAQ (heavily loaded with hi-tech stocks) lagged the Dow yesterday because the tech stocks had a couple of great days earlier in the week. So there's not much movement on those stocks here today,'' said another dealer. GTE (GTE - news) was steady at $60 after a $7/16 drop overnight following news from the company of a first quarter charge that would lower 1998 earnings. I hope that all goes well today with you and your project. Have a great day. *******************GO INTEL*************** Warm regards, Margaret :) :) :)