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Technology Stocks : Compaq

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To: Tom Gebing who wrote (12361)12/30/1997 11:45:00 PM
From: Dulane U. Ponder  Read Replies (1) of 97611
 
>>Intel Corp said that it cut the price of its entry-level Pentium II processor, to help rejuvenate interest in personal computer sales, now that the holiday shopping season is over. Intel said that it cut the price of its entry-level 233megahertz Pentium II to $268 per processor, from $401previously, when purchased in quantities of 1,000.>>

Tom, as we know, Intc has its own demons to answer to (AMD and Cyrix). I'm not convinced that these huge cuts are just business as usual designed to "rejuvenate computer sales". I guess cpq will be one of the companies benefitting from that sale price per 1,000.
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