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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%3:59 PM EST

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To: Barry Grossman who wrote (42312)12/15/1997 4:14:00 PM
From: Don Westermeyer  Read Replies (1) of 186894
 
>>PC market growth is unabated. Cheaper component parts will speed this up.

Cheaper parts like Intel chips. Margins lower -> profits lower hence the problem.

I'm not really all that bearish in Intel and have been waiting to see if the bounce off $70 is real before committing money. Intel is a real bargain compared to a lot of tech stock high fliers!

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