The noises out of Intel Corp are getting less and less confident, and it now says that the rate of cancellations of orders for microprocessors in the current quarter are about the same as they were in the fourth quarter of 1988, when a fall in demand hurt turnover and profits: the company now says that it is too soon to tell whether demand for its products, including the 80386, would pick up this year; the company sees growth in the personal computer market this year, but at a slower rate than in 1988.
INTEL IS GETTING LESS AND LESS CONFIDENT
