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Technology Stocks : Intel Corporation (INTC)
INTC 36.38-1.3%Dec 22 3:59 PM EST

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To: Road Walker who wrote (138683)7/5/2001 6:02:08 PM
From: t2  Read Replies (2) of 186894
 
Actually, this AMD warning is good news for Intel. It weakens their only real competitor. Surely, lower levels of profitable and certainly a lot less cash will impact AMD's business. If there were several companies serving the same market, I would be concerned if I was an Intel shareholder. However, that is not the case here and therefore, there is no reason for concern...imho.

Intel has the capability of making it extremely difficult for AMD. The best time to cause pain for competitors is when economic conditions are bad.

Intel probably realized that AMD is gaining too much market share and therefore took action to try and bring it down more historic levels.

Tomorrow's trading in Intel will make this obvious..would not surprise me if they close positive for the day...actually I expect it. I can't believe the afterhours trades on Intel going at 28.50 range.

Also expecting an upgrade or two before earnings.
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