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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: smolejv@gmx.net who wrote (4836)	12/13/1998 2:13:00 PM
From: John Harton	Read Replies (1) \| Respond to of 11051

Re: Intel a cent dollars! Avant-garde ! Or in Steve's London tube-talk " mind the gap". Actually DJ I feel quite naked being very bullish on Intel longterm and now holding zip. However , INTC has only been over 100 for about 1 month and was only at this level once before in ~Aug 97 for about the blink of an eye. I think and hope we will see an opportunity to get back in somewhere in the 90s OTOH another way to see the 90s would be apres "le split". Purloined from a Bloomberg News article by Anthony Effinger: "Intel Corp.'s microprocessors are in short supply this holiday season, and some personal-computer makers say the squeeze is costing them sales. Intel, which sells more than 80% of the chips used in PCs, didn't expect a surge of year-end buying, and the world's biggest chip maker isn't making enough of some high-performance processors to meet demand." "We're currently product-constrained," said Robert Manetta, Intel spokesman. "We expect to be meeting all customer orders by the end of the quarter." "That could be too late for small computer makers such as Boldata Systems and distributors such as Pinacor, the PC-sales business of Micro-Age Inc. These companies say scarcity of the most powerful Intel chips is depriving them of sales in the critical fourth quarter, when about a third of all PCs are sold. Pinacor, based in Tempe, Ariz. sells unbranded PCs, or so-called white boxes, to computer dealers, who sell them to small and medium-size businesses. White box makers as a group account for about a third of all PCs shipped worldwide, according to International Data Corp., a Framingham, Mass.-based technology research firm. The dearth of Intel chips isn't hurting Compaq Computer Corp., the worlds biggest PC maker, or rival Dell Computer Corp., the top direct seller. "We haven't had any problems, and we don't expect any problems," said Compaq spokesman Alan Hodel." Happy Trading -John