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Technology Stocks : Intel Corporation (INTC)
INTC 48.59-1.3%3:59 PM EST

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To: kas1 who wrote (22636)5/22/1997 12:53:00 PM
From: Nostradamus   of 186894
 
To all,

1. Intel made a disservice to the tech industry. It sucked-up value from many companies. [Thanks to Bob Palmer]

2. Intel mortgaged it's own future by not cutting prices fast enough for short-term profit growth.

3. Intel thinks that it is a previlege to own a computer with "Intel Inside." Intel is wrong.

4. Intel tells every one when it cuts prices, it is providing value. Open admittance of earlier rip-off.

5. Intel and Microsoft tell you that Computers increase productivity. Computer and web access for everyone is a productivity drag.

6. Intel investors made a disservice to the stock market. They bought Intel stock as if it was the only company in the world.

7. Intel investors think that the stock market ows them a 15 fold appreciation every 5 years. They are just as arrogant as the company.

8. Intel will pay penalty for being an arrogant predator. Intel, the company, will suffer.

9. Intel investors will pay penalty for their greed. The stock market will crash in October 1997 so will Intel, the stock!

This is how the balance between socialism and capitalism is achieved late in the 20th century.
-Nostradamus, May 1997.
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