Intel Corporation (INTC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC)

INTC 46.96

-2.8%

Jan 16 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jiggy who wrote (1711)	6/6/1996 5:44:00 PM
From: Larry Loeb	of 186894

According to Bloomberg, the comments regarding a slowdown in Europe related to the rise of the dollar against foreign currencies. Since it is assumed that IBM and DEC will not raise their prices in local currencies (due to local competition/demand elasticity), their earnings are expected to fall. This is not a negative for Intel. If Intel sells its products to overseas vendors on a local currency basis, and they do not raise prices to reflect the changes in rates (a comment from John Hull would be helpful here) then there might be some problem, which would be increased by any loss of American company marketshare to local companies. I am not certain that Intel sells at any price other than its quoted dollar price. If it (like OPEC) sells only at dollar rates, then currency rate changes have little effect on them (unless foreign buyers decide to stop buying the standard computer system). I still hope we get better buying opportunities, but this appears to be an overreaction on Intel shares. I wonder what really bad news would do? Larry

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next