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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Narotham Reddy who wrote (47774)	5/29/1998 11:37:00 PM
From: Darren	Respond to of 61433

OT: Don't worry about INTC. People are scared about a possible earnings warning Monday as well as possible FTC action, but the stock is a solid buy on earnings alone at $70. If this stock goes through it's 52 week low, you are talking the steal of the year. After all, DELL just beat expectations and they sell Pentiums, so INTC's earnings couldn't be that bad. Besides the fact that they do have a bigger market share in their primary market than Microsloth. If you bought 1,000 shares at 70, you'd have $50K in profits by next February. Plain and simple; The Street can't argue with yearly earnings success, and INTC is too good a company to stay down for long... Name another company that survived a fiasco as bad as the "floating point" error and had the stockholders that not only survived to tell about it, but reaped the profits 6 months later. If you want an example of a company that couldn't survive something like that, try ODWA.