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

To: The Vinman who wrote (60242)	7/14/1998 8:46:00 PM
From: Darren	Read Replies (1) \| Respond to of 186894

Forward: Revenues slightly higher or even vs. April to June. In other words, well below last year comparatives once again. Clearly, the theme of the quarter is to put the problems behind. And in the slowest quarter of the year, it seems smart to take the hit now and move on. Frankly, I think the high-end Xeon is going to get margins back to normal levels. Celeron is just a product to satisfy a market need -- Xeon is what every big network department needs. More power! Short, long, sideways. You can't deny it. We're going up, one way or another...

To: The Vinman who wrote (60242)	7/14/1998 8:48:00 PM
From: John O'Neill	Respond to of 186894

You suggested shorting INTC...... I think the second 1/2 of the market is going to be a disaster. But I've been buying puts rather than shorting. This market could go higher before it corrects 20-25%. All the foreign money is driving stock prices beyond reason..I also have puts on AAPL, KO, PG & MCD. I think the current thinking has way underestimated the difficulty involved to correct the declining performance of many foreign economies. (Mc Donalds has had to close 20% of it's outlet in Indonesia because of poor economy) . KO at 54 P/E when 1997 earning were higher than 1998 estimates The funds think the liquidity in these big caps will continue...the current market cap is about 5 trillion dollars..wait till people want to take a trillion "off the table" the baby boomers inflo of money doesn't look like much when compared to 1000 billion (20 % of market cap) I sincerely hope the market corrects soon as the longer this rate of gain continues the more unhealthy the market is& the bigger the bubble to burst. I'm long all my stocks & don't want to see a 1929 type decline (85%) JO

To: The Vinman who wrote (60242)	7/14/1998 9:13:00 PM
From: Logos	Respond to of 186894

Sounds like pretty good advice. I was usually long on INTC until this last run-up before earnings. Bought some Jan 85's as a short term play expecting a dip over the next few weeks, probably tomorrow. After that, I'll be long again. On an interesting side note. About a month ago, I met with a Merril Lynch broker and we had a good talk about INTC and MSFT. He loved MSFT, hated INTC, lots of Kurlak say this Kurlak says that. Well, let's just say his predictions on MSFT were much better than on INTC. I'd love to hear Kurlak's comments on these earnings. I heard him on the conference call, they were quite terse with him. Logos

To: The Vinman who wrote (60242)	7/14/1998 10:23:00 PM
From: Joe NYC	Respond to of 186894

Vinman, Intel quarter was terrible: If you look at it in the vacuum, yeah, it was not so great. But if you consider the rest of the semi industry, Intel is not doing badly. Joe

To: The Vinman who wrote (60242)	7/15/1998 1:57:00 AM
From: puborectalis	Respond to of 186894

Appreciate your candor...obviously MSFT and DELL have been better long term plays but Intel still provides the "guts" to this electronic revolution.They have sound management,cash and Merced in 2000. I remember when I sold MRK at $30 because things looked bleak...there will always be a little pain for some long term gain. SK