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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: Joe NYC who wrote (120932)	12/6/2000 4:23:36 PM
From: Road Walker	Read Replies (1) of 186894

Joe, re: What all this probably means is that the seasonality of the consumer market is slowly going away, and the consumer market will be more even, just like the corporate market. The evidence for that is, if you recall, the in the earlier quarters of this year, boxmakers reported stronger than expected consumer sales (for Q1 - Q3) and now weaker than expected for Q4. Why would PC's be different than any other consumer product? What is happening is that retail PC sales are soft, because folks don't feel as comfortable with their wealth, energy prices are eating into their disposable income, and there are a lot of nifty new products to spend their money on. I don't think it's a change in buying patterns, it's just a lousy Christmas season for consumer PC's. John

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