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Technology Stocks : Intel Corporation (INTC)

INTC 35.40

-0.4%

10:41 AM EST

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To: Fred Fahmy who wrote (51530)	3/29/1998 1:22:00 PM
From: Mary Cluney	Read Replies (2) of 186894

Fred, >>>"''The transition is driven by the fact that this company (INTC) is going to have to focus its resources on becoming a bigger and more efficient manufacturer,'' Peck said."<<< I am fairly convinced that the writer of the article you cited, Kourosh Karimkhany, has cobbled quotes from Drew Peck and Rob Chaplinsky from a more thoughtful context. And then out of the blue he makes this statement: >>>PC prices are collapsing, falling from about $2,000 to $1,000 or less. That's forcing Intel to slash its own chip price more deeply than it would like.<<< What is the source of this information. Did he read it somewhere? Is it an intuitively obvious statement? Did he get this information from a respectable source (Paul Fiondella for example). Or did he just make it up? And, if did just make it up - will this statement be repeated over and over again? Mary

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