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To: Trey McAtee who wrote (37681)	8/20/1998 11:16:00 PM
From: DJBEINO	Read Replies (4) \| Respond to of 53903

"It will be hard for Intel to maintain its current level of PC processor revenues in the years ahead. Our estimate is that PC processor revenues will decline more," Kurlak said. Furthermore, he said it is possible for PC prices to someday drop to $200, indicating that an Intel processor in such a machine could cost about $30. Kurlak also cast doubt that Intel's moves into the higher echelons of computing would offset declining PC prices. this guy TK is going nuts....

To: Trey McAtee who wrote (37681)	8/21/1998 1:25:00 PM
From: Bipin Prasad	Read Replies (3) \| Respond to of 53903

Now it's Ashok & Niles vs TK. 13:12 ET Intel Corp (INTC) 84 3/16 -1 13/16 (-2%): Piper Jaffray raised investment rating from "buy" to "strong buy" and set new price target of $105 (27 times 1999 EPS estimate). Analyst Ashok Kumar says new Celeron chip, scheduled to be launched Monday, will displace AMD's K6 chip in the sub-$900 and sub-$1,200 market. Analyst raises FY98 view from $3.07 to $3.13 and FY99 from $3.58 to $3.81. Current First mean estimates for the two periods are $3.02 and $3.62. InSook