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

To: stock bull who wrote (54413)	4/24/1998 2:03:00 PM
From: Tony Viola	Read Replies (2) \| Respond to of 186894

SB, Re: "Now, if we could get through the crap that ML keeps throwing at Intel, we may see the stock move back into the 90's." Kurlak is clearly in CYA mode because the stock ran up about six points from where he made his last downgrade. An analyst should be looking out at least two quarters for results and then making recommendations. Two quarters out would put us near the end of the first month of 4Q (late October). At that time, it's clear (at least to me) that burgeoning sales of the arsenal of new and existing Intel products will get us back on a very fast track of growth in sales and earnings. Intel essentially said that this week, that 2H98 sales were looking strong. When they say strong, they mean b*lls to the wall. Of course, Kurlak said 'Intel said nothing new this week.' So what, even if it was a reiteration, it's important, says you're not slip-sliding away, like some other CPU chip vendors. More positive stuff is that Merced should be around the corner, unless schedule slips are announced. Since it has moved from 1997 to 1998 and now to 1999, I doubt that. The vast majority of investors have never heard of it at this point. When it comes to light to the world that Intel has a chip that will be the foundation of systems that can replace just about everything, more momentum should be added to the stock price. CYA mode it is. If this guy worked in a real business, I think he'd be out of a job real soon (ala Vinik). Tony p.s. for an example of great new products, how about an 8 way SMP 400 (450-500) MHz PII, all on one (small) motherboard. Make a great PC, wouldn't it?