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Technology Stocks : Intel Corporation (INTC)
INTC 39.35-3.5%3:20 PM EST
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To: Mary Cluney who wrote (123755)12/29/2000 1:04:25 PM
From: Saturn V  Read Replies (1) of 186894
 
Mary,
The sheer stupidity of some of articles written in magazines never ceases to amaze me. It reminds me of articles written in California, where during a two year drought ( below normal rainfall), there were several sensational articles proclaiming that the weather had changed permanently. Well, for the next few years the rainfall was above normal. Twelve years later the dry spell came back, along with the same sensational articles.

There was a PC chip shortage six months ago, because demand was much higher than forecasts. Now that the demand is below the forecast of six months ago, the obituaries for the PC are being written. True there is a need for a smaller form factor computing platform, which will probably be perceived as the "cool" thing to have. Most likely this will be a repackaged PC to appeal to the latest consumer fashion dictates. Intel and the PC industry have always shown the ability to react to the needs of the marketplace. Computing and high tech are here with us for a long time.

I expressed my feelings on this issue a few weeks ago
Message 14969210

As far as magazines and newspaper articles go, reasoned and objective articles do not sell newspapers. Sensational headlines do.
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