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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: Mo Chips who wrote (48716)	2/24/1998 7:56:00 PM
From: ratan lal	Read Replies (1) of 186894

Mo I disagree. If you build something 'good' people will come. Have you ever visited a 3rd world country ?? The reason they dont have more computers is because it is too expensive for the consumer to have one. But look at businesses that can profit from the use of a computer. You will see SMALL shops of 200 square feet using computers that probably occupy 1/6 of their sales space. I can name SMALL bookstores, restaurants, chemists, retail shops of clothing, general merchandise ALL use compyters. And the big corporations use computer networks that will put many bigger companies here to shame. One reason is that their software engineering costs are low whcih overcomes the higher hardware investment. With the Govts. recognising the importance of computers and communication the duties and excise taxes are being reduced from 300% down to 10%. This has also helped spur consumer demand. I predict that by 2005 3rd world countries will have the largest growth in computer usage. hopefully US will upgrade to the faster, current systems that will be available then to keep the tech moving forward. ratan

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