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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Muhney who wrote (4074)10/13/1998 7:36:00 AM
From: Shtirlitz  Read Replies (2) | Respond to of 18998
 
Unfortunately, even if INTC earnings will be good, and for some reason
I do not doubt that, the future earnings are under question. Competition is stepping on INTC's heels. AMD and a couple of others once again are unveiling new chips, which are much more cost efficient. INTC will have to cut prices. I wouldn't be too optimistic about their short-term future.