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Technology Stocks : Intel Corporation (INTC)
INTC 48.72+3.0%3:59 PM EST
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To: Barry Grossman who wrote (39421)11/7/1997 3:48:00 PM
From: Joey Smith  Read Replies (1) of 186894
 
Barry, thanks for the synopsis. Also, thanks for the clarification of "inventory correction". I thought Intel was referring to Pentiums without MMx and low-end laptop chips, but your interpretation means that new orders were "delayed" until existing inventory was sold. Makes sense.

re:Intel confirmed that they do no think that cheap pc's are expanding the market

Can you clarify this? So, are the people buying these cheap PCs 2nd time buyers instead of 1st-time buyers? It seems negative, but I want to make sure.

thanks,
joey
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