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

To: Francis Chow who wrote (55961)	5/21/1998 10:14:00 PM
From: StockMan	Read Replies (1) \| Respond to of 186894

Re -- What bothers me is that he is usually right. Even Mark Eldstone A broken clock is right twice a day. He was wrong when Intel was at 75 and went all the way to 93, he was wrong when Intel was again at 75 and went to 84.. He will be wrong again when Intel goes up again. His analysis is pure hogwash as demonstrated in my previous post. This dude gets his fame from CNBC blindly mentioning that he said something about a stock or a sector. BTW Mark Eldstone predicted AMD would go to 90, 75, 60, 45 etc....So he transfered to a different brokerage firm..Pretty soon he will have to transfer to another, when all his clients get mad at his BS. Stockman

To: Francis Chow who wrote (55961)	5/21/1998 10:20:00 PM
From: jbershad	Read Replies (1) \| Respond to of 186894

Tom has no technical background. He does have market expertise. To predict when a stock will turn around is very difficult. I don't think Kurlak will call it. Reading the posts and owning the stock for 6 years I think this a very well run company. Like a thousand pound gorilla they do what they wish. Jerry

To: Francis Chow who wrote (55961)	5/21/1998 11:36:00 PM
From: Doug M.	Respond to of 186894

Francis. Mark Edelstone does not, repeat that, does not agree with Tom Kurlak. Edelstone said caution is warranted in the current quarter due to disturbing trends that have developed within the past two to three weeks. He stated that there is a possibility that Intel may miss the second quarter because of a slowdown in orders from OEM's. However, he believes there are some good reasons for this recent slowdown. He thinks the recent trends may very well reverse themselves due to the following. 1) Mainly uncertainty about the release of Windows 98 due to the Justice Dept. Many OEM's(especially in the US)thought it would be delayed so they held off purchases of higher powered MPU's. As we all know Windows 98 shipped Monday and we will see it in stores on June 25. 2) Intel will cut prices across the board on June 7, he feels many OEM's are holding off until then to accelerate their order patterns. 3) There is a huge technology conference in Taiwan from June 2-6. He said many motherboard manufacturers and OEM's from that region hold off until then to make their purchasing decisions for the second half of the year. Therefore, he said only that caution is warranted. If these three factors do not not provide an impetus for an uptick in buying then we (the longs)will be in trouble. Nothing he said recently has changed, his price target is still 110 and his earnings remain the same. I will be following the above events very closely and I would appreciate some help from the members of this thread too. At least Edelstone gives concrete examples of what he is thinking. Kurlak just makes broad sweeping statements with little to back them up. According to Paul Engel, the 50 % increase in capacity from Intel's ramp to .25 micron is bull #@#@. Kurlak doesn't appear to be a very technology savvy analyst in a very technical field. Edelstone, on the other hand, seems to do his homework and give cogent examples behind his reasoning. StockMan: Edelstone admitted his mistake about AMD and now he is quite bearish about the stock. He thinks they are in big trouble come '99. The K6 will be obsolete (everything will be slot I and II) and the K7 is nothing but a prayer at this point. I am keeping my fingers crossed for an uptick in orders, let's hope it happens! I gotta go and catch Barrett on the replay of Moneyline 11:30 EST. Regards, Doug