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Technology Stocks : Intel Corporation (INTC)

INTC 40.34

-2.6%

3:59 PM EST

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To: gnuman who wrote (43609)	1/2/1998 10:32:00 PM
From: Paul Engel	Read Replies (1) of 186894

Gene - Re: "if they keep responding to Intel with lower prices, where is it all going to end up?" Look at AMD's balance sheet and Cash Flow - then do the same for Intel. Intel can drive down CPU prices until even Intel loses money - and Intel has >$8 billion in the bank. What many people seem to ignore is the fact that it is not how cheap they can sell computers - or even if they are given away for free. The goal in business is to make money - for the company, employees and shareholders. Market share isn't helpful when you have convinced customers that there is no value in the product that you sell them - they will expect that product to be essentially free. If the vendor selling that product goes out of business - then who cares? Paul

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