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Technology Stocks : Intel Corporation (INTC)
INTC 50.59+4.9%Feb 6 9:30 AM EST

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To: Fred Fahmy who wrote (36106)10/15/1997 9:45:00 PM
From: Jim Patterson   of 186894
 
O.K., You make a good Point. But you should acknolowedge Mine is valid also. Many PC's simply run WPS and E-Mail.

More importantly It is the Price of the PC and the Margins on those prices that is most important.
in 1996 that ASP of a lowend PC was $ 1,942 a year later the ASP is
$ 1340. (-31%) the high end was $ 5,725 Now $3,200 (-44%)

This, Combined with the lack of need for PII (IMO), Is what is putting the preasure on ASP's for INTC, Which is leading to lower margins and lower EPS. EPS is what I really care about.

jim
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