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Technology Stocks : Intel Corporation (INTC)
INTC 49.08+0.6%2:39 PM EST
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To: Mike Taylor who wrote (36875)10/19/1997 8:35:00 PM
From: Sundar Rajan   of 186894
 
Barrons restates what everybody knows - asp for intel's chips has come down by about 22% due to the demand for lower end pcs. It also points out that neither AMD nor CYRX show any promise at all of gaining market share.
What barrons doen't talk about is that intel is due to announce a cut-down, lower end chip for the sub 1000 market. so if you're short or have puts watch out - Because the same ANALysts who downgraded will all start upgrading once the new revenue possibilities emerge..
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