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Technology Stocks : How high will Microsoft fly?
MSFT 476.080.0%Dec 17 3:59 PM EST

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To: johnd who wrote (49741)9/22/2000 5:11:45 PM
From: johnd  Read Replies (1) of 74651
 
This is exactly what I thought and said yesterday :
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Rather than an indication of PC demand, Intel's revenue disappointment may
be an indication of increased competition in the chip market as
well as changing buying patterns that are exerting pricing pressure. Advanced
Micro Devices is cutting into the marketplace for chips for
consumer PCs, and Intel is seeing increased sales of its less expensive Celeron
chips compared to midlevel or premium processors.
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