Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sonny McWilliams who wrote (19049)	4/15/1998 7:14:00 PM
From: billwot	Read Replies (1) \| Respond to of 27012

Sonny-Re:"... only a rumor. " Here it is again in black and white!! Intel closed down 1 1/8 at 74 7/8, brought lower by negative comments from Merrill Lynch's Thomas Kurlak. Kurlak lowered his 1998 earnings estimates and expects Intel's price to drop to $60 a share in the next six months. Kurlak cited Intel's shrinking gross margin as the ramp-up of the Pentium II has not motivated growth as expected. Kurlak doesn't expect Intel will shift to a higher-margin product mix amid lower PC prices and higher manufacturing costs. Complete article at: cbs.marketwatch.com billwot