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Technology Stocks : Intel Corporation (INTC)
INTC 50.57+4.8%3:59 PM EST

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To: Paul Engel who wrote (33680)10/3/1997 3:37:00 AM
From: Joe NYC   of 186894
 
Paul,

I didn't mention anything about other companies' stock. I mentioned that Cyrix's investment of their $126,500,000 DEBT has produced no significant profits.

Cyrix has 2 competitive chips: 6x86MX and MediaGX and some change left from the 126 mil. The question whether they will produce enough profits to pay for themselves and future generations of chips remains to be seen.

MediaGX has been shipping for about 8 months and 6x86MX about 4 months.

Results of this quarter will give us some indication of the potential of these chips, and about a year from now, after volume constraints have been removed, we will see the full impact.

What does that imply for the future?

We will see.

Joe
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