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Technology Stocks : Intel Corporation (INTC)

INTC 36.82

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Dec 19 9:30 AM EST

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To: Saturn V who wrote (142561)	8/31/2001 2:32:02 PM
From: tcmay	Read Replies (1) of 186894

Yes, I recall the '85-86 doom and gloom <<Message #142561 from Saturn V at Aug 31, 2001 1:10 PM Hi Tim, Ref - <Nuclear Winter for PC > Dont you vividly recall the same gloom and doom talk in 85-86 when the 8088/80286 computers were all that the world would need, and we were desperately looking for new mass applications. Yes, we are presently in a nuclear winter for all high tech, because all business capital spending is at a crawl. As long as the consumer does not get affected by this malaise, things should recover in a reasonable period of time.>> Yes, I remember this period well. Note that I specifically said the nuclear winter would likely last two years, with one year left to go. I certainly never said the current CPU power is all users will ever need. But given today's apps, and foreseeable apps, not a compelling need to upgrade for most small businesses and home users. --Tim May

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