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Technology Stocks : Intel Corporation (INTC)
INTC 43.490.0%10:50 AM EST

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To: Fred Fahmy who wrote (88946)9/26/1999 1:05:00 PM
From: Dan3  Read Replies (1) of 186894
 
Re: Will the value of INTC be less in two years because of this "major blow"?? Five years??

Elmer and Fred,

This circumstance isn't going to help Intel's long term prospects. Today's Best Buy ad from the Sunday Tribune lists 9 Yellow tag feature prices for desktop PC packages:

AMD 650 $2650
AMD 600 $2250
INTC 550 $1970
AMD 550 $1950
AMD 500 $1550
INTC 500 $1450
AMD 450 $1100
INTC 450 $1030
INTC 366 $750

If this continues, INTC will have to share the top end of the market, where all profits are made, with AMD. And this would, indeed, affect the value of INTC in two years and five years.

I've removed all the rebates from these prices - this is what you pay to get these things out the door. The INTC 366, for example, is listed at $149.99 after rebates.

Dan
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