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Technology Stocks : Intel Corporation (INTC)
INTC 36.26+0.5%Dec 18 3:59 PM EST
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To: HJ Wang who wrote (50238)3/9/1998 1:01:00 PM
From: Mary Cluney  Read Replies (1) of 186894
 
HJ,>>>Intel cannot profit too much from the sub $1000 market.<<<

Do you have any guesses as to what Intel will charge their OEM's for the Covington or Mendocino chips?

Whatever they charge, you could conceivably multiply that by 25-50M units for 2H 1998 and possibly 50-100M units 1999. There's no reason not to believe their guidance for 50% gross margins.

Any thoughts?

Mary
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