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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: Bill F. who wrote (138710)7/6/2001 8:52:57 AM
From: Dan3  Read Replies (2) of 186894
 
Re: intc blew the franchise 2.5 years ago when barrett ...denied the existence of the sub 1000 pc

Thanks for your kind words.

Until the Intel results are out it's hard to interpret the AMD results. If Intel had a better quarter than expected, then the AMD shortfall is more negative than if Intel also had a tough quarter (indicating that overall market conditions made even breakeven something of a victory).

If Intel can turn back the clock and get buyers to start paying $300 to $500 for "business" desktop CPUs again (the chip, not the whole thing) they'll do great and be able to cover their capex. But I don't see the market is moving that way, in which case your price target could come about fairly soon.

Regards,

Dan
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