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Technology Stocks : Intel Corporation (INTC)
INTC 36.20+0.1%Dec 26 9:30 AM EST

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To: Jules B. Garfunkel who wrote (39577)11/8/1997 11:58:00 AM
From: Paul Fiondella  Read Replies (2) of 186894
 
Inventory adjustment, a one time phenomenon?

With the beginning of the Christmas buying season, the newspaper advts. are showing plenty of sub $1000 166MMX, IBM (Cyrix) 200Mhz computer systems for sale.

In one retail advt. I see an IBM 200MHz, with CD ROM, sound card and monitor for $799.

Intel may have shipped the low end chips out the door and closed down production in June but it would appear they are still out there in volume in the channel. Glut Glut GLut.

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By the way which consumer is going to buy all of these PII's at over $2000 when so many systems are available for half the price.
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