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To: Hungry Investor who wrote (114)11/11/1998 11:48:00 AM
From: David Jones  Read Replies (1) | Respond to of 1989
 
Scott: About INTC and their earnings report. I'm taking it with a grain of salt.

''I'm pretty impressed,'' said Richard Slinn, a money manager at San Francisco-based Levensohn Capital Management. ''Not only is there pretty strong demand, there's also not a lot of inventory stuck in distribution channels.''
I love that word 'stuck'. <g>

''This is all unit driven, meaning Intel is not getting more money for each chip,'' Kumar said. ''Average selling prices aren't increasing; the bright side is they're not decreasing.''
This doesn't make me feel real positive either.

Early Christmas sales numbers will be on my radar as I suspect yours too.
dailynews.yahoo.com

Regards; Dave