Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 37.81

-4.3%

Dec 12 9:30 AM EST

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To: Joey Smith who wrote (48451)	2/22/1998 4:02:00 PM
From: Paul Fiondella	Read Replies (3) of 186894

Well we are close, you have identified the issues (1) will Slot One become the standard on the desktop (2) will there be a slowdown in PC sales That is why I think Fleck and others emphasize the average PC price decline and the thinning margins on the low end. In general in a economic slowdown of any kind people make do with what they have and they buy less expensive machines. If the market is already responding to these trends then we will wake up some day with a real big earnings shock for which we were unprepared. ==================== I guess only the shorts and Paul Engel would be prepared. Paul is prepared for everything with his average cost per share of $2. he has nothing to lose but his net worth.

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