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Technology Stocks : Intel Corporation (INTC)
INTC 36.26+0.5%Dec 18 3:59 PM EST
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To: Elmer who wrote (96803)1/19/2000 9:24:00 PM
From: philipah  Read Replies (1) of 186894
 
Elmer and THREAD:

Here's a snippet from Fleck's Tired Tirade:

"As a matter of fact, when you combine Intel and Microsoft, you get a total market capitalization of about
$900 billion, which is beyond staggering when you consider that we only sell about $150 billion worth of
PCs annually in the world. Now, I know that both companies are trying to do other things besides putting
their products inside PCs. But their combined market cap is over six times the total value of all PCs sold
(let's not forget that the operating system and the processor comprise only about 25 percent of the value
of a PC). So they need to be doing a lot of other things, and fast. It just goes to show you how
completely absurd market values are these days."

I wonder how much $$ he's burned shorting MSFT & INTC?

P
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