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Technology Stocks : Intel Corporation (INTC)
INTC 41.14-3.4%Jan 8 3:59 PM EST

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To: Road Walker who wrote (95875)1/13/2000 2:11:00 PM
From: Paul Engel   of 186894
 
John - Re: "price hikes are nor driven by component cost, but by reduced competition. IBM, NEC and Packard Bell pulled out of the retail PC market, they accounted for 33.2% of sales, leaving Compaq and HP with the power to raise prices."

Kamikaze pricing isn't good for anyone.

Also remember - Cyrix and IDTi and Rise have essentially exited the CPU market - so pricing pressure on CPUs has also abated.

Paul
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