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Technology Stocks : Intel Corporation (INTC)
INTC 36.08-3.2%Dec 17 3:59 PM EST

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To: Gersh Avery who wrote (50976)3/23/1998 2:41:00 AM
From: Paul Engel  Read Replies (1) of 186894
 
Gersh - Re: "How much lower do you expect this stock to go?"

I have learned not to expect a given price on a given day for Intel - or any other stock.

Intel's long term performance has been exceptional - and over much of that time period they did not enjoy an 85% market share in the CPU/PC industry.

Over the past 12 months, Intel has seen it's strongest challenge from Cyrix's and AMD's competitive chips and the resurgence of the $1000 PC. And what impact did these have on Intel's market share? NONE.

There has been some impact on Intel's earnings - but look at the LACK of earnings of their competitors.

Paul
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