Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 40.03

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3:59 PM EST

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To: Paul Engel who wrote (50088)	3/7/1998 6:04:00 PM
From: Jim McMannis	Read Replies (1) of 186894

Paul, RE:" I believe Compaq's problem is quite simple. COMPAQ almost single handedly ENDORSED, EMBRACED, and STARTED the sub $1000 PC bonanza with their choice of the cheap Cyrix MediaGX machine back in February of 1997. Once they started it, everybody jumped on the bandwagon, offering similar machines - although most were Intel based. When AMD put out their K6 and Intel responded with immediate price cuts, the race was on to sell anything and everything at the stampede prices approaching $1,000." That's true. As I told someone back then, it's the demand that will drive the market. Now that the demand for cheaper computers is on a roll there is no stopping it. Looks like price is determining the market... Just as it should... Jim

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