Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 39.50

-3.1%

3:59 PM EST

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To: Frank Ellis Morris who wrote (18133)	3/4/1998 8:39:00 PM
From: jmac	Read Replies (1) of 27012

You're right. Intel priced to drive its competition down. The problem with that approach was that they had NO COMPETETION! AMD was its own competition. So, what INTC did was increase profits for the boxmakers rather than its own shareholders. The price cuts that were intorduced over the past few months were completely unnecessary. Intel may have a bunch of tech sense but they need to send their business people back to school. This company had the greatest potential out of all of the high tech companies out there. As it stands now, INTC earned 6.7% for its sharehoders in 1997 and 1998 looks like it is going to be a repeat performance. This is a long term problem and their approach is unforgiveable..

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