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

To: Joseph Pareti who wrote (57751)	6/10/1998 6:08:00 PM
From: Dale J.	Respond to of 186894

re: <<Paul Fiondella indicated the PII price cut is the "last gasp" to rescue the quarter.>> The current qtr should be ok. Intel has already said they have no plans to make a pre-announcement. They could still disappoint, but I don't believe they would have made that statement if earnings were way off the mark.

To: Joseph Pareti who wrote (57751)	6/10/1998 6:13:00 PM
From: Tony Viola	Read Replies (1) \| Respond to of 186894

Joe, Re: " I do, but what is your take for the CURRENT quarter ?" This quarter? I think it will be close, wouldn't be surprised if it's down a few cents from estimates. I think the conference call will be more important, although most of those sound like they're coming from a man with a blindfold on who's smoking a cigarette. Very conservative company looking forward. Still, if 3Q looks like it's going to be sequentially up 5 to 8%, numbers I've heard, and Intel says something like this, that ain't bad. In 4Q, the Xeon chips should be in full production. I know that all the major server companies are going to be all over this one like white on rice. It's about twice as fast as the Pentium Pro, which has been selling well also. Mendocino due 9/13, just in time for Christmas boxes. As for Intel cutting prices, they do this all the time, at least once a quarter. Yield improvement of PII on 0.25 micron process, I've read, is ahead of schedule, so lower the price, still make money and cut off the competition at the knees, or higher (where Celeron is supposedly lacking, anatomically speaking). Tony