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Technology Stocks : Intel Corporation (INTC)
INTC 41.41+2.2%Dec 5 9:30 AM EST

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To: Thomas M. who wrote (48268)2/20/1998 2:29:00 PM
From: Paul Fiondella  Read Replies (4) of 186894
 
Did you catch Fleck's "valley" remark on CNBC this AM

He was being so polite and speaking so softly that he made Joe hairhead do an incarnation of screaming Kramer.

Fleck asked one of those stock pushers a simple question. Given the now WELL ESTABLISHED FACT that the low end of the market is becoming the volume PC market for everything but server configurations and the WELL ESTABLISHED FACT that margins are lower at the low end, what happens to Intel's profits going forward?

The answer was that voice recognition would create huge demand for high end Intel PC's next year. Excuse me here for a moment.....

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