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Technology Stocks : Intel Corporation (INTC)
INTC 37.81-4.3%Dec 12 9:30 AM EST
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To: HoodBuilder who wrote (143043)9/7/2001 7:47:27 AM
From: Road Walker   of 186894
 
Michael,

re: Margin expansion is a thing of the past, computers are now low priced commodities and consumers will no longer pay luxury item prices for them.

Look deeper into the numbers. Lower GM's are the result of Intel's "other" businesses, as are most of the lower earnings results. The core business is doing better than would normally be expected in a down cycle.

John
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