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Technology Stocks : Intel Corporation (INTC)

INTC 34.87

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2:29 PM EST

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To: jmac who wrote (92368)	11/13/1999 9:20:00 PM
From: Paul Engel	Read Replies (1) of 186894

jmac - Re: " If Intel was dropping prices to the point where it was just going to break-even, wouldn't the Justice Dept. be after them for anti-trust moves (pricing to quash competition). " That would probably depend - If Intel did this in response to AMD's pricing structure, Intel would - and could - simply point out that this was a competitive process - and this happens ALL THE TIME in the DRAM and Hard Disk Drive business. If Intel did this "instatntaneously" - to damage AMD (and Intel Shareholders !), then the DOJ or FTC may step in. But Intel isn't stupid. Paul

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