Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

Nov 14 9:30 AM EST

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To: Paul Fiondella who wrote (43472)	12/31/1997 12:55:00 PM
From: Joey Smith	Read Replies (1) of 186894

The WSJ today had a front-page story on sub-$1000 retail PC sales in December. These sales were estimated to be 42%-47% of total retail sales, the highest its been. They didn't really conclude if these sales are cannabilizing higher-end systems like PIIs, or if all market segments are growing (which I believe), but this does create more FUD for Intel which may explain why the stock is not moving. joey

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