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

To: Darren who wrote (59321)	7/4/1998 1:20:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 186894

INTC: BANCAM/ROB STEP has reiterated estimate for long term EPS growth of 25.00% per year on 06/25/98

To: Darren who wrote (59321)	7/5/1998 12:36:00 AM
From: ed	Respond to of 186894

I think you realized why all the analysts lowered INTEL's long term profit prospect recently. COMPETITION is on the horizon. If you think the other way, say if INTEL did not have competition from AMD, CYRX which dragged INTEL's profit, and INTEL's CPU is still sold for $400 per units, and that the sub$1000 PCs never came to play , what do you thnk INTEL's stock price will be today ? I would say over $150 at least. The sub$1000 PCs is a result of competition, and without AMD and cyrx, there will never be sub$1000 PCs.That is why I said INTEL's long term future is not bright at all, the problem is competition.INTEL will be just like regular semiconductor companies in the years to come. And do not expect there is no competitors when Mercede is released in year 2000, you probably still remember Alpha from CPQ with the support of Samsung for manufacturing, and MSFT commitment for software.