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Technology Stocks : Intel Corporation (INTC)

INTC 36.20

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Dec 26 9:30 AM EST

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To: Mary Cluney who wrote (38606)	11/1/1997 3:37:00 PM
From: Paul Engel	Read Replies (1) of 186894

Mary - Re: "When the media talks about a sub $1000 computer, they are not really talking about a computer system that costs less than $1000. They are talking about a market, for the most part, that consists of people who are penny wise and dollar foolish. Most of these people will end up paying closer to $2000 than $1000 after getting a monitor, modem, printer, sound cards, software, et al. After spending close to $2000 most of these people will find they will need more. After all, who would rather spend $2000 for something that they could get for $1000. My point is you can't do it for less than $1000. Sometimes cheap is expensive. " This is a very clear perspective on what that market is. Thanks for putting it in such clear terms. It will be interesting to see what happens to today's buyers of $1000 machines in about 18 months or so. I'll bet they upgrade to the NEW sub $1000 machines at that time! (Which they could buy today for <<$2000!) Paul

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