Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Joan Osland Graffius who wrote (33872)	10/14/1998 9:36:00 AM
From: Joseph G.	Read Replies (1) \| Respond to of 132070

<<Sept US retail sales may suggest confidence break NEW YORK, Oct 14 (Reuters) - Slack demand for discretionary products like clothes and furniture muted growth in U.S. retail sales last month, suggesting consumers may be scaling back spending because of financial market turmoil, analysts said. ''September is perhaps the beginning of a reaction to the falloff in stock prices and a decline in consumer confidence,'' said Brian Fabbri, chief economist at Paribas Capital Markets. Government data showed retail sales rose 0.3 percent overall in September and 0.1 percent excluding auto transactions. Economists polled by Reuters had forecast, on average, a 0.6-percent overall sales gain and a 0.2-percent ex-autos rise. >>

To: Joan Osland Graffius who wrote (33872)	10/14/1998 1:18:00 PM
From: wallacestevens	Read Replies (1) \| Respond to of 132070

I think Intel's changes are systemic. With the changing of the guard from Andy Grove to Craig Barrett, now the company which had been on the verge, at least, of becoming atherosclerotic can make changes throughout which before had been unthinkable. Like, for instance, figuring out what is making money for them and what is eating it up. I think we're seeing quarter-to-quarter numbers management while in the underflow the company buffs up/down the machine. The plan will be to surprise us all with "the new Intel" about six months from now. This is just based on my intuition plus talking with "a friend in the company" I know (doesn't everybody?).