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

To: D. Swiss who wrote (82748)	6/4/1999 10:07:00 AM
From: GVTucker	Read Replies (2) \| Respond to of 186894

RE: Merrill's comments today Merrill's comments were far from positive. "Our own conversations with Intel have revealed the company is becoming aggressive in terms of unit sales, however management remains cautious in terms of product mix. "We believe that the Pentium III may not be catching on as quickly as anticipated in the desktop market. Unit sales for the Celeron microprocessor continue to be strong. The workstation/server portion of market has been doing well and remains a higher ASP market that Intel should ultimately benefit from. "At this point in time we are not inclined to take our overall top-line estimates down. In our view, gross margins will be in line with our forecast given cost reduction measures that are being implemented." It seems that once again, Dan Niles is not only ahead of his competitors, but also pretty accurate. Most all of the comments over the past couple of days have paralleled his. Sometimes the numbers have dropped; in the instances where they haven't, the analyst has certainly expressed a worry about the quarter's numbers.