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Technology Stocks : Intel Corporation (INTC)
INTC 48.26-0.7%3:59 PM EST

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To: Fred Fahmy who wrote (36373)10/16/1997 8:58:00 PM
From: Mike Taylor   of 186894
 
Fred,

Well, Congrats. Anyone that's long and can still make money when
the market drops 119+ deserve credit. TLC is a good company.
My kids have alot of their software.

Actually, CYRX's loss shouldn't be one look upon as a complete loss.
The company has grown their market share (1.3M unit sold).
They choose to do this at the expense of profit margin.
IBM is selling CYRX's chips for less than CYRX!
I expect this picture to change soon with the NSM merger.
Looks like one more quarter of using IBM's fab then onto
TSMC, UMC & NSM.

BTW, Cyrix actually made 3 cents during the first 9 months
of this year...so they didn't lose money the entire year.
If they didn't spend the extra $5M on R&D this quarter the
picture would have been brighter, but short term gain and
long term gain doesn't always go together.

Mike









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