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Technology Stocks : Intel Corporation (INTC)

INTC 43.48

+8.6%

Dec 2 3:59 PM EST

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To: gnuman who wrote (43609)	1/2/1998 3:03:00 PM
From: Pierre-X	Read Replies (2) of 186894

Re: AMD You said: The problem as I see it, AMD's not going out of business. I think I read where Sanders warned the investors to expect big losses for the next Qtr or so. He appears clearly ready to buy market share. In microeconomic theory, the continued existense of marginal products--AMD and Cyrix, in this case--are living proof of economic rents (the term for excess profits) at the market leader--in this case Intel. Intel investors should get worried when AMD and Cyrix go out of business, not vice versa. PX

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