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Technology Stocks : Intel Corporation (INTC)
INTC 50.22-0.7%Feb 9 3:59 PM EST
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To: Paul Engel who wrote (3551)9/24/1996 3:35:00 PM
From: exhon2004   of 186894
 
Paul:

Your letter to Burt re: intc at Madison square Garden was right on the mark. The following is excerpted from WSJ:

Intel Corp. (INTC) sees personal computers being managed by personal computers as the best solution to the problem of increasing costs for businesses to maintain a computer, said Andrew S. Grove, the company's president and chief executive. He said Intel estimated that a connected business PC costs about $8,000 annually. About 80% of the business costs of maintaining the PC is labor, he said.

Another solution is managed PCs, which would enable remote diagnosis and repair of PCs on a network, reducing the cost of maintaining PCs.
Intel's goal for managed PCs is to lower the cost and service of maintaining a PC in a business environment by as much as 15% in 1997.

It can be done ''without giving up the flexibility and adaptability of the PC,'' Grove said. The requirements for managed PCs include instrumental and managed hardware, such as Pentium Pro-based systems and management features built into chipsets and motherboards, he said.
End.

Just what I like to see: more pentium processors to keep an eye on all those other pentium processors. Hopefully someday I'll need another pentium processor just to keep an eye on all the money intc has made for me.

Best Regards

Greg Gimelli
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