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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: exhon2004 who wrote (45642)	1/15/1998 1:48:00 PM
From: Paul Engel	Read Replies (2) of 186894

Greg - Re: "Amd lost money and their stock went down! Imagine that! Jerry must be slipping." Think back on Jerry's Hype - surrounding the introduction of the K6 on April 2, 1997. His "volksprocessor" was going to liberate the masses from the domination of heavy handed Intel. He was going to sell "millions and millions" of K6's and capture market share from Intel. He was going to earn millions and millions of dollars on K6 sales. Only three small problems - one, he couldn't make the K6 ; two, the K6's he could make were competitive with Intel's Pentium MMX, not their Pentium II; and three, Intel reduced prices agressively to maintain market share and increase sales. AMD failed to deliver product - only promises. Promises are not an entry on any Financial statements. All the gung-ho AMD analyst/supporters/collaborators have abandoned ship - Edelstone, Klauer, C.B. Lee, Drew Peck, Michael Gumshoe. Paul

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