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

To: Jake0302 who wrote (70320)	12/30/1998 9:23:00 AM
From: Curtis Frazier	Respond to of 186894

You can forget a stock split announcement anytime soon. I don't think Intel will consider a split until the stocks hits around 140 to 150 a share. With all the internet stocks hitting the stratosphere and still going up, they may want a $200 stock now. The internet companies haven't needed to split their stock to keep interest going.

To: Jake0302 who wrote (70320)	12/30/1998 11:42:00 AM
From: Mary Cluney	Read Replies (2) \| Respond to of 186894

Janar,>>>Looking for input on short term INTC direction: I wonder whether all the good news and upgrades have been priced into the stock. With shares down on two consecutive trading days, and the stock looking like it may have topped, I am wondering what the stock will do for the next 2.5 weeks or so.<<< Looking at intraday market action, it looks like INTC goes down pretty badly whenever there is an absence of volume but goes up whenever volume increases. I would prefer it to go up all the time, but I would rather have it this way than vice versa. Intel is sold out 4Q and demand continues into 1Q 99. It is likely 4Q and 1998 earnings will beat all current estimates. As for Intel topping, I don't believe so. We do not have full analyst capitulation. Kurlak's change of heart was grudging at best - he did it only to maintain some credibility in this field. And, there is Drew Peck's astonishing statements: >>>Peck maintains that "I'm not going to put a buy rating on a stock without knowing how it will do in 1999." If Intel does see spectacular revenue growth, it will come from its Xeon chip for the high-end server market. "Without Xeon this company would be a basket case," Peck says. "They are charging $1,000 apiece for it. But it's a brand-new product serving a brand-new market about which we know nothing." <<< HeLLO? This is called the computer Information Technology business - the business that is at the heart of America's competitiveness. If we are going to have a prosperous future - this is it. I suggest Peck goes back to school to bone up on this market so he can continue to get paid for whatever he does when Merced and McKinley comes out. Regards, Mary