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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST

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To: f.simons who wrote (108743)8/28/2000 9:30:11 PM
From: tejek  Read Replies (1) of 186894
 
Interesting that Intel closed on an uptick. If the stock holds or goes up tomorrow, it will clearly show that Mhz don't matter any more. If it goes off a cliff, it will mean that the screwups have hit critical mass, but not necessarily that Intel should devote a whole lot of energy to get back over 1 Gig. It won't change my mind about the Mhz war, only the importance stopping these screwups.

Frank,

Like I said to Ten, I think the reaction will be muted...the stock will slide over time rather than take a large drop. There wasn't much money lost...Intel wasn't to ship that many 1 G's for the Xmas season in the first place.

So I think the slide will result not from concern over lost revenues but from investors taking money off the table until they are sure Intel's misfires are over.

These stupid problems continue to surprise me. It seems someone in upper mgmt is screwing up.

ted
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