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

To: Gerald Walls who wrote (68780)	11/19/1998 2:18:00 PM
From: Paul Engel	Read Replies (1) \| Respond to of 186894

Intel Investors - David Wu ABN Ambro Raises Intel's Earning Estimates He's predicting $1.10 for this quarter ! Wasn't Kurlak at $0.69 just a little while ago? Paul {==========================} Thursday November 19, 12:35 pm Eastern Time RESEARCH ALERT - Intel estimates raised PALO ALTO, Calif., Nov 19 (Reuters) - ABN Amro Chicago Corp. on Thursday raised its earnings estimates for Intel Corp. for the 1998 fourth quarter and 1999 first quarter, citing improving expectations for the 1999 first half because of new microprocessors. -- raised fourth quarter forecast to $1.10 a share from $1.08, and raised first quarter forecast to $1.15 from $1.08. -- Analyst David Wu said personal computer makers have slimmed down inventories and plan to roll out after Christmas new PCs using Intel chips with the Katmai instruction set, its next-generation multimedia enhancing technology. -- Wu said the first quarter could be up sequentially from the fourth quarter because of the Katmai rollout, as well as increased buying of PCs by large corporate customers in the first half as they prepare for the Year 2000. More Quotes and News: Intel Corp (Nasdaq:INTC - news) Related News Categories: US Market News

To: Gerald Walls who wrote (68780)	11/20/1998 3:40:00 PM
From: Badger	Read Replies (2) \| Respond to of 186894

this market is way overbought I dunno. I've been hearing talk around here of Intel being supply constrained for the next two quarters, and that they are selling Celerons and Xeons faster than they can make them. I heard one wild rumor today at lunch - and I admit that this is wild and unattributable, so no flames, please - that the quality of the silicon coming out of the fabs is such that Intel could reasonably release Pentium II's running at 650 Mhz. I also think that sentiments were overly pessimistic re: Intel as late as October. The stock has shot up quite a bit from there and maybe it'll have a short-term pullback, but I'm a long-term investor and long term, especially over the next five quarters, I think things look very good indeed. Regards, Badger