Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 41.14

-3.4%

3:59 PM EST

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To: mauser96 who wrote (37730)	10/27/1997 9:19:00 AM
From: Tunica Albuginea	Read Replies (1) of 186894

Lucius, all: I think this will be a GREAT day for Intel!!!! - Price cuts: INTC did it again to AMD just like a few years back which put AMD on the brink of bankruptcy. Justice can't complain because Intel can claim potential duress from competition price cuts in the sub $1000 PCs and show lower recent eps to prove it. -DEC deal removes legal uncertainty and enhances Intel's market grip! Intel to close at 84 today?! Hong Kong down to about what it gained last Friday.I don't see a crash. Europe's Bursae declines are meaningless: those guys have so many budgetary'financial/social problems that if the weatherman coughs the wrong way in the morning they'll take a hit. look for a small US rally today which will slowly gain steam in the next few days, fuelled by the sub $1000 PC sales to PC "beginners", 60% of market/expanding PC market and Intel settlemment.The other 40% of americans and sophisticated folks currently using PCs will continue to buy top of the line. PCs IMHO are just like cars nowdays: it's a love affair.You keep upgrading to a more expensive car/ PC, gg. Just my opinion. TA

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