>>> Don't be a butthead. You know damn well the point Z is making. Pricing of INTC chips was as predatory and false as the current pricing of oil is.
One could argue that OPEC is using predatory measures and I wouldn't disagree. But there is nothing we can do about it. It is what it is. It is, in effect, part of the supply and demand equation.
When you say it has to do with the supply/demand equation, that suggests demand is greater than supply. That has not been true up until 60 days ago. I have not checked more recently.
However, there is the perception........and no one is sure how accurate it is.......that demand is close to supply. Even having said that, if everything else were fine, there would be not a problem. However, the ongoing conflict in Iraq coupled with potential flare ups in other oil producers like Nigeria creates the psychology of fear that I mentioned previously and allows oil traders to take advantage accordingly. Therefore, its understandable how Z and others would be angry at the continually rising gas prices.
I don't follow INTC at all (even though I own a little of it, it isn't one of my real interests), so I've not seen the story about its "predatory pricing". If you have a link handy, I'll appreciate it. Thanks....
As you know, INTC controls a lot of the chip production in the US....after all, AMD is a very weak competitor in the PC realm and INTC doesn't have huge competition in other market niches it occupies. A few years ago, they were under scrutiny by the Feds for predatory pricing. I believe they were found guilty and paid a fine but Ten would know more than I on the subject. |
