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: Paul Engel who wrote (50164)	3/8/1998 3:37:00 PM
From: Marathon	Read Replies (1) of 186894

" nobody who is swimming in this cess pool is going to make much money." This cess pool as you call it is sweet sugar to the consumer. Intel is simply experiencing the declining profit margins of any mature industry. The average consumer loves this and cheers for more. We need to see the day when all PC's sell for $299 or less. In the meantime those of us who own stock in the next great growth industry (the internet XCIT, AMZN, AOL etc.) are cheering on the bitter fight that is being waged between Intel, AMD, Cyrix, Compaq, Dell, etc. The fiercer the competition the better. Adam Smith's invisible has a remarkable way of taming even the most ambitious profit seekers. Until high speed internet access is ubiquitous Intel will languish. With out the high speed access who, besides small market share wise insignificant niche users, needs a more powerful processor? Sure enough when full motion video on demand, interactive video phone, etc. become a reality over the Net the demand for Intel's pricey processors will reemerge until then don't get your hopes up.

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