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Technology Stocks : Intel Corporation (INTC)
INTC 39.38+6.7%Jan 2 9:30 AM EST

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To: Jay who wrote (42499)12/17/1997 5:44:00 PM
From: Paul Fiondella   of 186894
 
What you decribed about IBM

In the 70's IBM was a monopoly of computing and had completely cornered the busienss market. They paced the intro of computers and prices jsut as Intel has been doing.

I believe what you said about IBM is even more so true of Intel recently. They kept the cost of Pentiums outrageously high because they had a monopoly.

Now that they have some competition from AMD and Cyrix, they are lowing the prices.

If Intel goes back to real performance improvements instead of fake ones (MMX etc.) then I for one would applaud their efforts. I don't expect the PII slot II with a 100MHz bus to be on my desk, do you?
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