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Technology Stocks : Intel Corporation (INTC)

INTC 36.26

+0.5%

3:59 PM EST

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To: semiconeng who wrote (142446)	8/30/2001 12:34:12 PM
From: Jim McMannis	Read Replies (2) of 186894

RE:"For quite some time, intel has been diversifying their business out and away from their core CPU Business. In the past year, they have bought up multiple companies in the Networking and e-business areas. They were criticized thoroughly at the time for "not focusing on their core business", but now it is beginning to look like that was exactly the right strategy" Looks to me like that hasn't done much for Intels bottom line. Perhaps it's better to dance with who brung ya? Why do you continue to ignore the deteriorating economic scene? Look at Corning today, GLW...fibre optic orders have dropped 25% yet you seem to think Intel will never be effected. Intel has less and less ability to set prices..pricing power... Jim

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