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Technology Stocks : Intel Corporation (INTC)
INTC 36.91-1.1%Dec 31 3:59 PM EST

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To: SisterMaryElephant who wrote (39113)11/6/1997 2:39:00 AM
From: StockMan  Read Replies (1) of 186894
 
Steve,
Re -- I think that this situation with the $1000 PC will play out the same way.

No doubt. Intel's lower ASP's last Q, was due to the pentium classic fire sale. The media and the analysts, have a tendency to add 2 and 2 and come up with five, and proclaim they are right (Its their business entertainment thro' controversy). In fact, I suspect they were really dissappointed when the sell-off last monday did not continue.

DELL's results should either prove or disprove this myth of $1000 pc soon.

Stockman
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