Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.54

-0.5%

3:19 PM EST

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To: Barry Grossman who wrote (97795)	1/29/2000 1:32:00 PM
From: exhon2004	Read Replies (1) of 186894

Barry: re >>Maybe GM, Ford, Corning, and the like will suffer some from higher rates, but I can't see how they can do much damage to Intel.<< Interesting you should mention GM and Ford. Both these companies are working with B2B e-commerce companies to put their $87 Billion and $80 Billion, respectively, procurement systems on web-based auction systems. The savings are estimated to be in the 10-20% range. Fewer personnel will be involved and the prices obtained will be lower. As the squeeze of higher rates impacts on manufacturing industries and they are unable to raise prices due to global excess capacity the only way to avoid shrinking margins is to invest more in technology. Regards, Greg PS Commerce One got the GM deal and Oracle is working with Ford.

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