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

To: Paul Engel who wrote (60802)	7/19/1998 2:01:00 PM
From: Barry Grossman	Read Replies (1) \| Respond to of 186894

<<my advice is (as always) to be patient>> I'm known for my patience so that won't be a problem for me. As far as a positive earnings surprise, it has happened before and it will happen again. I recall 3Q96 and 4Q96. Until then, I'll be pleased with increasingly more objective analyses from the media like those I've seen this week. The Flanigan piece in today's LA Times and the Takahashi piece on Intel's earnings the other day in the WSJ are both a whole lot less biased than we've been used to. Perhaps the real truth about Intel's future is being understood by more and more of the media. This is a good thing. Flanigan's piece today in the Times was by far the most optimistic I've ever seen him on the subject (and I read him all the time). The tying together of Intel's growth to the growth of Internet can't be all bad for the price of the stock, can it? Barry

To: Paul Engel who wrote (60802)	7/19/1998 2:06:00 PM
From: TTOSBT	Respond to of 186894

Re: "My guess is that Intel's growth will go "unnoticed" by the market and Wall Street. It will take some cathartic event such as POSITIVE EARNINGS pre-announcement or an earnings report that Wallops the "street" estimates." You may have something there Paul. I have taken following quote from latimes.com John Carragher's LA Times article: It seems to me that Barret is indicating that Xeon and Merced sales will be, well read what he says; " Server sales, driven by increased use of networks, are now outpacing sales of personal computers. "I'm convinced that the growth of Internet commerce will be far greater than any estimates now predict," says Craig Barrett, Intel's president and chief executive. "Dell Computer already sells $5 billion worth of computers a year online. Yes, but how does Intel fit into that brave new Internet world? The key will be that everything, from data to voice to pictures will be transmitted digitally, says Barrett. "If you want to create digital content and transmit it, you need processing, and that's an opportunity for Intel," Barrett says. Receiving digital information passively, as in watching television today, may not present new opportunities for processing. "But if you want to interact with digital content, processing and user interface() will be necessary and those are opportunities for Intel," he says. " TTOSBT