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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Elwood P. Dowd who wrote (66671)	10/14/1998 9:57:00 PM
From: John F. Dowd	Read Replies (2) \| Respond to of 186894

Selling well below high with sold out plants and orders improving across the board and they say it is overpriced? Yeah for G/S they probably are G/S and their ilk have lost so much money in these hedge funds that they can't afford inventory until they get themselves squared away. In the meanwhile they will try and talk these surprises down. let us hope the insurance cos., pension funds and mutuals are not of the same mind. Where is the bad part in this report. Coyness on 4th qrtr. Remember what they said about 3rd qrtr. These guys are going great in what experts call a soft market. PC makers inventories are low and demand is picking up. Everyone (retail type) I talk to is buying a Gateway. PC's are going to lead us out of this slump. JFD