Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.32

-0.8%

Jan 15 3:59 PM EST

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To: Patsy Collins who wrote (2155)	7/12/1996 2:14:00 PM
From: Larry Loeb	of 186894

Patsy, Intel commented later (reported on Dow Jones) confirming the article in The Wall Street Journal. Their comment was that the objective was to create a more stable environment for the fourth quarter selling season (the previous policy had acted "as a disincentive for carrying inventory and stocking distribution channels adequately"). They further stated that the price cut in August will be GREATER than previously planned. It appears that Intel is just trying to manage the timing of demand for their product, getting more of the Christmas orders earlier. IMHO this does not portend anything for next week. Larry

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