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

To: Jim McMannis who wrote (54825)	4/30/1998 2:29:00 AM
From: Gary Ng	Respond to of 186894

Jim, Re: I wonder what happened to such a rosy picture. The picture is as rosy(if not better) as Paul described. But the price of INTC is not related to the picture at all. As a CEO, I am sure you should know that a company's performance is reflected in its book, not what the market perceived. Well, may be you are less concerned with the actual business but more about stock price. Gary

To: Jim McMannis who wrote (54825)	4/30/1998 2:39:00 AM
From: Khris Vogel	Read Replies (1) \| Respond to of 186894

Do you truly, truly think the long-term outlook for INTC is not solid? Give Paul a break. At least he was willing to go on record w/ his outlook for the co. for all pick apart like you are doing now. Were you willing to go to any similar lengths re: your recent gut feelings? Just asking.

To: Jim McMannis who wrote (54825)	4/30/1998 4:59:00 AM
From: Paul Engel	Read Replies (3) \| Respond to of 186894

Jim - Re: " Intel was at 94 1/4 when Paul wrote that and now Intel is 80 1/8. I wonder what happened to such a rosy picture." Since that time, Intel has earned over 3 Billion Dollars and AMD has combined losses of over 100 Million Dollars. Cyrix we won't even consider since they seem tobe moribund - and their losses are buried in NSM's accounting statements. Paul

To: Jim McMannis who wrote (54825)	4/30/1998 8:26:00 AM
From: Jacques Newey	Read Replies (2) \| Respond to of 186894

Jim, Re:"Interesting that Intel was at 94 1/4 when Paul wrote that and now Intel is 80 1/8. I wonder what happened to such a rosy picture." Actually, things ARE ROSIER than when Paul wrote his excellent article 7 months ago: 1. Roll-out of Merced is on schedule for '99. 2. More OEM's have embraced the chip (Sun, SGI, Etc). 3. Intel is on schedule to grab a greater % of the high-end (high margin) server market. 4. Pentuim II rollout will result in sales/revenue/margin increases point forward. 5. Introduction of Celeron(a.k.a Celery) will neutralize, suppress, distract the "competition" at the low end, further eroding their market share. 5. Sales of PC's in China, India, Europe are increasing. 6. Intel announced increased buy-back of 100,000,000 shares. As long term holder, I would prefer that the buy back price be $80 (vs $94). (Many of us here on this thread don't plan to sell in the next three months!). I'm sure thats hard for you and others to understand. A short Quiz: "If you plan to eat hamburgers all your life and are not a cattle producer, should you wish for higher or lower prices for beef? Likewise, if you are going to buy a car from time to time but are not an auto manufacturer, should you prefer higher or lower prices? These questions answer themselves." Warren Buffet (Bershire Hathaway, Annual Report) berkshirehathaway.com