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Technology Stocks : Intel Corporation (INTC)
INTC 40.14-0.9%11:59 AM EST

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To: Jim McMannis who wrote (46980)2/2/1998 10:54:00 PM
From: Larry Loeb   of 186894
 
the Japanese business plan...market share at all costs

Jim,

That strategy only works when the company challenging on price has greater ability to absorb losses than its competitors.

The Japanese companies did this to Intel in the memory market in the mid-eighties forcing Intel to retreat.

Intel is now in a position of strength relative to all of its competitors. They can't succeed by competing on price alone.

Larry
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