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

To: Tony Viola who wrote (75754)	3/8/1999 2:13:00 PM
From: Mary Cluney	Read Replies (1) \| Respond to of 186894

Tony, >>>...things looking better <<< This is what the Fabulous Market Babe had to say about Intel and Intel's acquisition of Level 1: fabmktbabe.com Now let's touch upon two notable magical topics from last week, Intel and CompUSA. First, Intel. You've heard my views on the privacy issues, so I'll just skip that. With regards to Level 1, another move, which I might add, totally shocked the Street, here are some quick thoughts. First, hopefully it is clear that this transaction solidifies INTC's continued forays outside of the microprocessor, as the grand plan behind the moves into multimedia, logic chips, motherboards etc., is finally beginning to take shape. Something which, again, hopefully makes perfect sense. After all, while the Street may commonly view INTC as a microprocessor (one chip)company and thus highly cyclical, INTC has been broadening its reach far beyond the next version of the Pentium and making a big statement across the golden frontier. Otherwise known as the Internet, in case there was any doubt. And, just to continue the thought, how does a chip company become more of an Internet company? By getting into networking with chips that have Internet applications. So while the Intel acquisition of Level 1 is primarily viewed as a foray into the home networking arena, it is also INTC's move into the Internet for businesses as well. If you would like an example, try the fact that INTC's chips will now be in a position to control the thermostat of a building via a browser as opposed to conventional methods of the past. Gives "Intel Inside"a whole new meaning doesn't it? As for why this announcement comes now, try thinking about the following: With NT 5.0/Windows 2000 not coming out for a while (i.e. it is doubtful whether even MSFT knows for sure when the grand launch will be), there is basically a lull over the next year in buying chips for advanced applications. Thus, with this announcement, an entirely new need for faster chips is developed, one that wasn't there when last week began. Pretty smooth if you ask me. As for the CompUSA announcement, what does a large amount of brick and mortar stores mean in Internet land? Missed quarter.

To: Tony Viola who wrote (75754)	3/8/1999 2:26:00 PM
From: Barry Grossman	Read Replies (3) \| Respond to of 186894

Tony, I actually heard CNBC report the Bloomberg story about PIII sales "as expected" and "No change in guidance" as a counter to the negative stories that they said they've been hearing about Intel lately. Amazingly unbiased reporting for a change. I wonder how that happened. Oh - and then there's Amanda Grove today who twice today has told about some analyst(??-didn't catch his name) who said that Intel will go up briefly but then will sell off "because there is too much DRAM capacity and prices will fall and Intel will suffer too because it's a semi company too. At that point it will be a strong buy." And she reported this twice yet. This is more like what I expect from some of these idiot reporters. Barry