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Technology Stocks : Intel Corporation (INTC)

INTC 36.25

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1:59 PM EST

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To: Richard Habib who wrote (39645)	11/8/1997 7:31:00 PM
From: Paul Engel	Read Replies (1) of 186894

Richard - Re: " In any case it's too late now to do much but wait and see if Monday is a big deal that will change things, perhaps even for Intel, or just another Apple fizzle. This pretty much sums things up. Neither you nor I know what the announcement will contain. Moreover, announcements are merely words and intentions. I recall an announcement in 1991 in which IBM, Apple and Motorola revealed their intentions to design and manufacture a RISC chip, based on IBM's RIOS chip set, using Motorola's 88100 bus structure and would be known as the PowerPC. The new PowerPC would form the basis of a new platform for Macintosh computers as well as IBM workststions and PCs. This marked a clear departure for IBM from the Intel architecture. IBM later announced they WOULD NOT license Intel's forthcoming Pentium chip. This announcement marked the beginning of the decline for Intel. It's market share dropped from 90% to about 3 to 5% today. It's stock dropped from over $80 to below $20 and new CEO's and Chairmen came and went every year or so. Yes, that one announcement catapaulted Apple to the pinnacle of the Personal Computer market and began the swift decline in Intel's fortune. Announcements do these things, you know. Paul

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