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To: Earlie who wrote (33850)	4/15/1999 11:02:00 PM
From: AHale	Read Replies (1) \| Respond to of 86076

Fred Hickey gets the credit, in his excellent newsletter "The High Tech Strategist." In his February 17th issue, Fred had this to say about Intel: "I believe Intel's revenues will be light in the current quarter. Earnings are trickier, because they can be more easily maneuvered. We already know that Intel has pocketed some non-operating income in the quarter, through the sale of over 300,000 shares of Broadcast.com, one of the insanely priced internet stocks. We know that Intel plans to increase inventories again, thereby inflating margins. Intel has tried to set a low target for Q1, calling for slightly lower gross margins and sales. Intel is also slashing capital expenditures and other expenses." He also had alot more to say about Intel, all very bearish. Also, Wedensday's New York times business section had an article on Intel's earnings that stated: Analysts said income from the sale of investments added about 2 cents a share to Intel's earnings. Intel sold some or all of its stakes in Broadcast.com, the Inktomi Corporation and Cnet, Inc. during the quarter." In any event, what are your thoughts about Intel the rest of the year?