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To: X Y Zebra who wrote (6666)	3/9/1999 10:23:00 PM
From: Shafik Habal	Read Replies (1) \| Respond to of 12617

INTC looks attractive. Let me draw on a few points. 1) INTCs SVP for Sales coming out Friday and clarifying that the new Pentium III sales are actually a bit ahead of schedule. 2) Bear Rumors also defy the INTC anaylst axe's opinion (Edelstone at Morgan Stanley) who said he isn't buying the rumors either and called INTC a screaming buy at this level. 3) Dan Niles (BancBoston Robbie Stephens' chip analyst) says he doesn't buy the rumors either. Recall please that Niles was the first to come out and downgrade (accurately) DELL on slower revenues this past quarter. 4) When these rumor-driven bears are proven wrong they will have to cover their shorts, which will put tremendous buying pressure on the stock. Let me close with a minor note of caution: INTC has become extremely volatile. In fact, this stock's volatility is more like what DELL used to be (as far as intraday swings). Final note: As a disclosure I would like to add that I am currently long INTC (so you don't think i'm blowing smoke) and I have both common and call positions (April 120s, INQDD and Oct 120s INQJD ). I will briefly explain my rationale: stock splits (april 12) then they report (2 days later) and then the april options expiry (following week) is all about the same time. This doesn't mean I am correctly playing this, who knows if I'll be right or wrong....time will tell. Good luck with however you decide to trade INTC.

To: X Y Zebra who wrote (6666)	3/9/1999 10:50:00 PM
From: wiley murray	Respond to of 12617

Maybe a straddle...too many market unknowns..

To: X Y Zebra who wrote (6666)	3/9/1999 10:54:00 PM
From: wiley murray	Read Replies (1) \| Respond to of 12617

Juan:Did you see this? Tuesday March 9, 5:06 pm Eastern Time Note: this article has a followup with more information. AFTER THE BELL-Techs fall after Microsoft rumors NEW YORK, March 9 (Reuters) - Shares in leading technology stocks Microsoft Corp. (Nasdaq:MSFT - news), Dell Computer Corp. (Nasdaq:DELL - news), Intel Corp. (Nasdaq:INTC - news), and Cisco Systems Inc. (Nasdaq:CSCO - news), all fell in after hours trading Tuesday on Instinet. The trades came after conflicting reports that Microsoft may be in settlement talks in its antitrust case. Dell also reported after the bell an agreement for its Workstation to run with Dassault Systemes' computer assisted design software. Microsoft, which closed up 2-3/16 at 161-13/16 on rumors the company would settle the antitrust charges, was trading at 161-5/8. A source close to the government, however, later said there have been no such talks between Microsoft and the government. Dell was trading at 43-13/16, down from its 44-1/16 close. Intel was trading at 114-3/4, down from 115-5/16. And Cisco was trading at 105-1/4, down from its 105-5/16. (Note: this article is ''in progress''; there will likely be an update soon.)