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Technology Stocks : Intel Corporation (INTC)

INTC 48.67

-0.2%

Jan 29 3:59 PM EST

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To: Larry Loeb who wrote (3247)	9/10/1996 2:26:00 PM
From: Paul Engel	of 186894

Larry - Re: " if they find a way to make the old computers sufficiently useful as to avoid upgrades..." Look at the automobile market. Most cars last 100,000 miles/many years, yet people generally "upgrade" every 3 - 5 years. Human nature enters into this equation. Cars are improved cosmetically and in style, but not in real value. PCs are regularly improved in value - much better performance at lower costs. Regular upgrades will not be a problem. As someone noted here earlier, the PC has only reached a 30% market penetration (Home), so there is a lot of room for real growth. Paul

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