Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.08

-3.2%

Dec 17 3:59 PM EST

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To: Dan3 who wrote (171994)	11/24/2002 9:23:31 PM
From: tcmay	Read Replies (3) of 186894

"Clearly Intel is desperate to deny AMD enough resources to launch the hammers - even if it means doing permanent damage to key Intel profit centers. It may be Intel's only hope to avoid becoming a commodity supplier of low end chips while AMD reaps the profits from most high end PC and workstation/server sales, so maybe it's Intel's best bet. " Indeed, and it appears to be working. From what I have seen of Intel's plans, driving AMD out of business (Chapter 7 is ideal, Chapter 11 acceptable) is the goal. The cool thing is that AMD started the price war with Jerry's promise that AMD would always undercut Intel's prices by 25%. Since AMD is not the lowest cost producers, despite Jerry's hot air, the outcome is preordained. --Tim May

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