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Technology Stocks : Intel Corporation (INTC)
INTC 43.48+8.6%3:59 PM EST

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To: AK2004 who wrote (127962)2/20/2001 7:44:51 PM
From: Road Walker  Read Replies (1) of 186894
 
Albert,

re: "In ideal world employees are working for shareholders and then it is in the interests of shareholders to reward employees and to take care of customers."

In an ideal world employee's are stockholders, so they are working for themselves. (Karl Marx?)

re: "Jerry's strategy is to go after market share. He is more flexible on pricing because of the lower margin requirements and the ideal for him is to take advantage of slowdown. He might welcome the price war. I am surprised to a degree that Jerry is not dropping prices yet."

Jerry may or may not be the low cost producer. Remember that losses from Intel "other" enter into their GM calculation. The GM of CPU's is understated. In a price war, I suspect that Intel could be more aggressive.

Jerry may be smarter than you give him credit for.

John
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