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To: Paul Engel who wrote (58101)6/16/1998 3:59:00 PM
From: Ibexx  Read Replies (2) | Respond to of 186894
 
Paul and thread,

Not sure if the (reported) Greenspan musings have been posted here.
Here goes: (Courtesy of Robert Neumeyer of the Microsoft thread)

exchange2000.com

Ibexx



To: Paul Engel who wrote (58101)6/16/1998 4:21:00 PM
From: henry tan  Respond to of 186894
 
Motorola unveil PII mobile product ...

marketinvestor.com

Henry



To: Paul Engel who wrote (58101)6/16/1998 4:36:00 PM
From: ANANT  Read Replies (1) | Respond to of 186894
 
PE and all: Greenspan comments on the anti-trust in the congressional hearings

In the comments of Greenspan, I gathered the following.

Leave the monopolies alone without any Govt. involvement because they cannot exit in this age of heavy competition and growth.

I heard partial testimony of Greenspan about M&A and antitrust. He seems to have said that the anti trust is trying to predict what these successful high tech companies will do in future. It may be prudent for the DOJ to leave this to the market forces as any anti trust actions may stifle innovation. Asked by a congressman if GS is in odds with DOJ in this regard., GS said yes.

I felt that GS was referring to the DOJ suits on MSFT and Intel

I like to read the text of these congressional proceedings. thanks

Kind rgds

ANANT



To: Paul Engel who wrote (58101)6/17/1998 2:22:00 PM
From: Maverick  Read Replies (1) | Respond to of 186894
 
Edelstone conceded defeat, capitulated on INTC, lowered Q2 to 0.65, 98 to $3, 99 to $3.8
Morgan Stanley Dean Witter analyst Mark Edelstone
lowers EPS projection for Q2 (June) from $0.72 to $0.65 (First Call consensus $0.68),
1998 full year estimates from $3.25 to $3.00 (consensus $3.12) and 1999 from $4.25 to
$3.80 (consensus $3.74)



To: Paul Engel who wrote (58101)6/17/1998 2:24:00 PM
From: Maverick  Respond to of 186894
 
Edelstone:"The key issues were weak 2Q98,more aggressive price cuts in Sept, oct"
NEW YORK, June 17 (Reuters) - Morgan Stanley Dean Witter
analyst Mark Edelstone said Monday that he cut full year 1998
earnings per share estimate for Intel Corp. to $3 from
$3.25 and cut full year 1999 EPS to $3.80 from $4.25.
"The key issues were weak second quarter demand for
microprocesssors and more aggressive price cuts in September
and October," Edelstone said.
Intel closed Monday at 69-13/16.