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Technology Stocks : Intel Corporation (INTC)
INTC 41.41+2.2%3:59 PM EST
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To: Joe NYC who wrote (127945)2/20/2001 6:31:17 PM
From: Road Walker   of 186894
 
Joe,

re: "Intel cut prices by up to 42%"

You are starting to sound like the journalists. Yes they did cut one price 42%, but the average price cut was far below that.

And those are "list" prices, every reseller buys at a discount to those prices. Supply/Demand will dictate what prices/margins will be from/for the resellers. Pricewatch prices doesn't mean that Intel has lower it's selling price, just that the reseller has.

John
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