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


To: Sonny McWilliams who wrote (53436)4/15/1998 6:44:00 PM
From: AK2004  Read Replies (3) | Respond to of 186894
 
Sonny
no gloating. Just read TK review and this guy is really down on Intel. His 98e ee 2.95 vs average of 3.21 and his 99e ee is 2.90 vs average of 3.97.
His main concerns are
1)pII is about 50% of sales and yet fails to bring revenue up
2)slow demand in spite of price cutting
3)Intel admits it has a cost problem with PII manufacturing.
4)no reason why intel expects prices of computers to go up
5)no real justifications why sales should pick up in the second half

he downgraded long term rating to accumulate from buy and kept short term neutral.

he expects Intel prices to go down

Regards
-Albert