Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.85

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11:21 AM EST

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To: BelowTheCrowd who wrote (171241)	9/26/2002 12:28:10 AM
From: Dan3	Read Replies (3) of 186894

Re:Even a complete monopolist has to set prices so as to maximize returns. You won't do that by jacking up prices so high What Intel did in the late 90's was not jack up prices, rather they stopped investing in new plant and new products but kept charging the same high prices - in a capital intensive business, this let them increase their profits considerably. Then AMD started shipping the Athlon, and Intel had to go back to working for a living. In the absence of competition from AMD, there was little or no progress in PC's, and no decrease in price. It was the sovietizing of the computer market. We were saved by Athlon, and I'm hoping we're saved again by hammer.

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