Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 47.14

-2.3%

12:35 PM EST

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To: tradesman who wrote (35533)	10/14/1997 5:50:00 PM
From: Z Analyzer	of 186894

Intel may be a tough one for awhile if the company continues to migrate margins down toward 50% as the company guides (although I believe they forecast roughly flat margins for next quarter). On the other hand, it is unbelievable that the company can cut prices the way they did this quarter (the figures I saw were for roughly 50% price cuts on the most popular chips) and still have up revenues and decent earnigs. Fear of Intel competitors making inroads should surely diminish. Who can compete with that? As for the rest of the high tech sector, the company reported record units sold. Haven't seen the number yet but it must be big given the huge price cuts. Should bode very well for the box makers and disk drives once people realize this.

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