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


To: TTOSBT who wrote (54437)4/24/1998 7:39:00 PM
From: Frank Ellis Morris  Respond to of 186894
 
Hi TTosbt and All

David Elias, guest market monitor on the NBR makes favorable mention of Intel and Compaq.
He believes that on any dips one should accumulate these stocks and I certainly agree with him.

I received a letter from someone at Intel and wanted to share that letter and my reponse to you and all at Intel:

Subject: Comments to custom news
Date: Fri, 24 Apr 1998 15:14:00 -0700
From: "Lenke, Alex" <alex.lenke@intel.com>
To: "'f5289@erols.com'" <f5289@erols.com>
CC: "Hoffee, Karin" karin.hoffee@intel.com>

Frank:
First, I don't know what article you are talking about regarding Andy's pay. I would recommend you come to www.intc.com and see the presentations that all management gave. Given the recent stock rise, I think our clear vision about all the new products coming with high speeds and very broad coverage, helped do this. The management of the company is very focused on growing and profits.
Thanks for your comments
Alex Lenke, investor relations manager

Dear Alex,

I am a little confused why you wrote to me regarding Andy Groves pay?. I thought it was a little inappropriate to be talking about pay and bonuses at a time when Intel was under attack from AMD and Cyrix Since you are concerned about my regards for Intel I would like to know why Intel allows Tom Kurlac from Merrill Lynch to constantly launch missiles at the company .This has been causing bad blood among Intel shareholders as it looks as though Intel's management is permitting many unanswered rumors to collect momentum. If Tom Kurlac played that nonsense with a company like Microsoft, he would get hung out to dry. A member brilliantly compares Intel to a nerd who although brilliant permits itself to be bullied and abused by some jerk. You probably are aware that I have a thread at silicon investors and I have been a long time supporter of Intel and all its fine work. I do believe in the company but I have problems with it public relations. I do not see why a company such as Intel is trading so far below the norm of other leading tech stocks. Does Intel feel pressure to allow itself to be pushed around? I would appreciate your response and think it would be more beneficial if investors would feel that Intel is strong and its leadership is unquestionable. Why was there a recent inside sale of more than a half million shares of stock when management recently came out and stated that the future for Intel is much better. ? Thank you for the time you spent writing to me and I would appreciate your response on behalf of all my fellow investors.

Best Regards

Frank Morris
Silicon Investors
Intel Strategy for Achieving Wealth and Off Topic

Have a good weekend and Tom Kurlac, get lost!!