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


To: Doughboy who wrote (76735)3/18/1999 3:26:00 PM
From: Paul Fiondella  Respond to of 186894
 
It's getting bloody out there

Trades all over the map as the attempt to move the stock down clashes with the attempt to move it up. One trade at 121 1/16 followed by another at 122 1/8ths!!!



To: Doughboy who wrote (76735)3/18/1999 4:52:00 PM
From: Steve Fancy  Read Replies (1) | Respond to of 186894
 
Merrill Analyst Says Intel Poised To Reap Rewards Of Server Market

Dow Jones Online News, Thursday, March 18, 1999 at 15:56

NEW YORK -(Dow Jones)- Merrill Lynch & Co. analyst Joe Osha said
semiconductor giant Intel Corp. is well positioned to take advantage of
the growing market for servers, the ubiquitous but little-seen computers
that tie together the world's networks.
The analyst said Intel has been very aggressive in the market for
low-priced PCs and has taken market share from companies like Advanced
Micro Devices Inc. (AMD). But Osha said "Intel is in the process of
becoming a server- and workstation-led company. That's where the growth
is."
Earlier this week, Intel (INTC) unveiled three high-end
microprocessors aimed at high-performance workstations and servers. Its
new Pentium III Xeon chips are an increasingly important part of Intel's
strategy as prices tumble in its bread-and-butter business, the desktop
PC market.
Analysts say demand for servers is exploding because of the
popularity of the Internet and corporate networks that link employees,
customers and suppliers. Servers are poised to become even more
pervasive as they start to take on many of the software tasks now
usually handled by PCs.
Servers already represent a big chunk of the global computer
industry. International Data Corp. recently estimated world-wide server
sales last year amounted to $59 billion, or almost a third of the size
of the 1998 PC market. While that sales figure is down 1.7% from the
previous year, that is only because average server prices are falling
although demand has been skyrocketing.
The server industry has long been fragmented into a hodgepodge of
different software and microprocessor standards, mostly because they are
used by a relatively small, sophisticated base of users that haven't
demanded standardization. But titans Microsoft Corp. (MSFT) and Intel
have promised to launch a fresh offensive in the server market that
might bring about a commodization, or structural lowering, of server
prices based on economies of scale. Microsoft plans to unveil its next
version of Windows NT, now dubbed Windows 2000, later this year, while
Intel expects to release next year a hefty new microprocessor aimed at
the server market, code-named Merced.
That so-called Wintel alliance has already taken a big bite out of
both the workstation and low-end server markets, and the threat of
PC-style economics in higher-end server markets has pushed International
Business Machines Corp. and Hewlett-Packard Inc. into defensive
strategies.
Copyright (c) 1999 Dow Jones & Company, Inc.
All Rights Reserved.