INTC Message Board - Msg: 1230575

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Technology Stocks : INTC

INTC 40.56

+10.2%

Nov 28 9:30 AM EST

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To: greenspirit who wrote (288)	4/20/1997 4:58:00 PM
From: Jake	of 990

This is not great news. One of the factors that has kept Intel stock down was the fear of a pricing war. >The first round of those cuts will begin next week (April 28), when >the Santa Clara, Calif.-chipmaker announces its scheduled second >quarter price reductions, according to OEM and channel sources. > Second quarter pricing includes drastic cuts to Intel's older >chip models, such as the 200 megahertz Pentium, which will drop 48 >percent to $257. The chip's price will fall further to $150 in August >and to $123 in November, representing a free-fall of 75 percent in >ten months. > Just a few months ago, a 200-megahertz Pentium was considered a >high-end desktop processor that was in short supply. It seems to me that this announcment confirms this.

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