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To: MileHigh who wrote (8497)	10/13/1998 4:56:00 PM
From: REH	Read Replies (1) \| Respond to of 93625

mm's loosing to cover - wait for tomorrow reh

To: MileHigh who wrote (8497)	10/13/1998 5:01:00 PM
From: REH	Respond to of 93625

1997 vs 1998 stock price 10/06/97 52.44 -3.19 10/06/98 55.13 -3.38 10/07/97 56.00 3.56 10/07/98 50.75 -4.38 10/08/97 58.31 2.31 10/08/98 52.00 1.25 10/09/97 56.88 -1.44 10/09/98 55.50 3.50 10/10/97 55.50 -1.38 10/12/98 59.00 3.50 10/13/97 54.75 -0.75 10/13/98 58.34 -0.66 10/14/97 52.50 -2.25 10/14/98 10/15/97 58.44 5.94 10/15/98 reh

To: MileHigh who wrote (8497)	10/13/1998 7:20:00 PM
From: Barry Grossman	Read Replies (2) \| Respond to of 93625

Milehigh, The MA job cuts were related to the factory that Intel bought from digital, when the digital/Compaq merger occurred. There were inevitable. the Puerto Rico cuts are cost cutting in a motherboard plant that isn't cutting production - only costs. This is what Andy Bryant, Intel's CFO, said on CNBC when asked about these cuts. The cuts have nothing to do with Intel's forward-looking business guidance other than to decrease costs. This is not a bad thing. But don't look at the good side of the story. Just think - Layoffs...Must be bad...Not bullish. For bullishness, try lower interest rates, lower infalation rates, lower unemployment in the US, lower component costs and a product rollout that just won't stop. Barry