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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (30615)	8/5/1998 4:11:00 PM
From: yard_man	Read Replies (2) \| Respond to of 132070

From the internet financial connection. Uh, you're associated with this cyber publication aren't you? >>We are finding value in the semiconductor stocks especially in some of the large capital issues including Intel (INTC 82), Micron Technology (MU 32 1/2) and Analog Devices (ADI 21 3/8). In the Spring of 1998, both Tom Kurlak of Merrill Lynch, and Drew Peck of Cowen & Company, the two most influential semiconductor analysts on Wall Street, turned negative on Intel. At this same time, during an interview on CNBC Squawk Box we were recommending investors purchase Intel. Intel stock is trading up 20 plus points since our buy recommendation for the exact reasons we stated; better than expected cost of sales performance and an expected up tick in demand for computer chips in the second half of 1998. We look for Intel shares to continue to move higher. More recently, we added Micron Technology to our buy list, based on a belief of stabilization in the market for DRAM prices. A number of key players in Asia are either cutting back or eliminating production including Fujitsu, Hitachi, Toshiba and Mitsubishi Electric. Also, Microsoft recommends 128MB of memory for customers running NT 5.0. Micron is the low cost producer in the memory market, and prices for 16-megabite DRAM, after falling 90% are poised to stabilize.<<